Which Of The Following Are Reasons The Aggregate Demand Curve Is Downward Sloping?

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Which Of The Following Are Reasons The Aggregate Demand Curve Is Downward Sloping?

Check all that apply. A lower price level increases consumption through the income effect. A higher price level decreases the real value of consumers' assets. A lower price level makes domestically produced goods less expensive than foreign goods.
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A higher price level decreases the real value of consumers' assets. A lower price level makes domestically produced goods less expensive than foreign goods.
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