Question

Which of the following sequences best explains the negative slope of the aggregate-demand curve?

a. price level demand for money   equilibrium interest rate  quantity of goods and services demanded 

b. price level   demand for money    equilibrium interest rate  quantity of goods and services demanded 

c. price level   demand for money    equilibrium interest rate  quantity of goods and services demanded

d. price level   demand for money    equilibrium interest rate  quantity of goods and services demanded