
To state: The reason for an inverse relationship between aggregate quantity demanded and the

Explanation of Solution
The reason for inverse relationship between aggregate quantity demanded and price level is as shown below:
With the increase in the price level of goods in an economy, the quantity demanded decrease, the slope of the aggregate
Introduction:
Aggregate demand- The aggregate demand is the total of all planned expenditures that are made in an economy. As the prices of products vary from one another, this cannot be related to individual prices rather it is related to the price level.
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