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 single good or service.
B. a change in the price level will shift the aggregate demand curve but not an individual demand curve.
C. the aggregate demand curve is vertical in the long? run, while an individual demand curve is downward sloping.
D. a change in real balances will shift an individual demand curve but not the aggregate demand curve.
Ans: A. the aggregate demand curve represents total planned expenditures on all goods and services while an individual demand curve represents a single good or service.
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