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Sagot :
The given statement is False.
When the price level for the outputs rises but the price of the inputs stays the same, the aggregate supply curve slopes upward. The link between the total amount spent in the economy and the output prices is represented by the aggregate demand curve, which has a decreasing slope. While the slopes of the supply and demand curves for particular goods and services show the relationship between the quantity supplied and demanded in relation to the price that is dominant in the market for that good or service.
What is demand curve?
A demand curve in economics is a graph that shows the relationship between the cost of a given good and the amount that is desired at that cost. Demand curves can be applied to the price-quantity relationship for either a specific consumer or for every consumer in a given market.
To learn more about demand curve visit:https://brainly.com/question/13131242
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