Why does the aggregate demand curve slope downward


1. How is the aggregate demand curve different from the demand curve for a single good, like hamburgers?

2. Why does the aggregate demand curve slope downward?

3. How does an increase in foreign income effect domestic aggregate expenditures and demand?

4. How does a decrease in foreign price levels affect domestic aggregate expenditures and demand?

5. How is the aggregate supply curve different from the supply curve for a single good, like pizza?

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Microeconomics: Why does the aggregate demand curve slope downward
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