Question

The demand curves for individual goods are typically downward sloping because of the substitution effect and...

The demand curves for individual goods are typically downward sloping because of the substitution effect and the income effect. In the aggregate demand curve, changes in income cause a:

a.) movement along the aggregate demand curve, not a shift of the curve.
b.) shift of the aggregate demand curve, not a movement along the curve.
c.) movement along the aggregate supply curve, not a shift of the curve.
d.) shift of the aggregate supply curve, not a movement along the curve.

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