Aggregate demand curve and an individual demand curve

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Reference no: EM13771380

The primary difference between the aggregate demand curve and an individual demand curve is that:

a. The aggregate demand curve represents total planned expenditures on all goods and services while an individual demand curve represents a signle good or service.

b. a change in real balances will shift an individual demand curve but not the aggregate demand curve.

c. a change in the price level will shift the aggregate demand curve but not an individual demand curve.

Reference no: EM13771380

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