Education Blogs Aggregate Demand curve and Consumption curve are parallel to each other……………….

Aggregate Demand curve and Consumption curve are parallel to each other……………….

Class 12th Economics, Question -Aggregate Demand curve and Consumption curve are parallel to each other. In the light of the given statements, choose the correct alternative from the following:

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February 20, 2023

These are the options for the question :Aggregate Demand curve and Consumption curve are parallel to each other. In the light of the given statements, choose the correct alternative from the following:

a) Statement 1 is true and statement 2 is false
b) Statement 1 is false and statement 2 is true
c) Both statements 1 and 2 are true
d) Both statements 1 and 2 are false

The correct answer is -c) Both statements 1 and 2 are true