Question

ompared to the U.S. aggregate demand​ curve, the reason that the demand curve for an individual​ product, such as​ bananas, slopes downward is A. ​different, because consumers can substitute between individual products. B. ​different, because individual products are not traded internationally. C. the​ same, because individual products are also affected by macroeconomic variables. D. the​ same, because the consumption of individual products is also determined by wealth.

Answer 1

The correct option is A, different because consumers can substitute between individual products.

Answer 2

The correct option is:

A. different , because consumers can substitute between individual products.

Step-by-step explanation:

Aggregate demand curve: The aggregate demand curve establishes a relation between the level of price of our household items to the GDP which is real of all the firms , household items and also the government.

Aggregate supply curve: The curve which is aggregate short curve i.e. short run builds a relationship in short run between the GDP that is being produced by the real firms to the original price level.

Reasons for the downward slope of aggregate demand curve:

• The main reason for downward slope of the aggregate demand curve is a place where the price level changing affects the government purchases.
• Also the government spending effect is the cause for it.

So, here the correct option is:

A. ​different, because consumers can substitute between individual products.