The aggregate demand curve reflects:

A) a direct relationship between the price level in an economy and the real GDP demanded.
B) a direct relationship between real GDP demanded and total unemployment.
C) an inverse relationship between the price level in an economy and the nominal GDP demanded.
D) an inverse relationship between the price level in an economy and the real GDP demanded.
E) an inverse relationship between the real GDP demanded and total unemployment.

Aggregate Demand Curve

A graph that shows the relationship between the total quantity of goods and services demanded (from all sectors including household, business, and government) and the price level, all else being equal.

Price Level

A measure of the average of current prices across the entire spectrum of goods and services produced in the economy.

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate representation of an economy's size and how it's growing over time.