If people save more and spend less, the aggregate demand curve shifts to the right. Question 7 options: True False

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asked Nov 16, 2020 192k views

2 Answers

David Olsson · Answer 1 · 2020-11-22T11:31:19+0000

Answer:

Its answer is false because the demand curve is a representation of the relationship between the price of a good and the quantity of good that consumers are willing to buy. When graphed, it is usually customary to record the different prices on the vertical axis and the respective quantities demanded on the horizontal axis.

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If people save more and spend less, the aggregate demand curve shifts to the right. Question 7 options: True False

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