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21-10-2021
Advanced Placement (AP)

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A. Explain what a downward-sloping demand curve means in the context of the credit market.

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21-10-2021

Explanation:

In general, this means that the demand curve is downward-sloping, which means that as the price of a good decreases, consumers will buy more of that good. ... For most goods and services, the demand curve exhibits a negative relationship between price and quantity and is as a result downward sloping

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