Kim's pony rides orders ten saddles from little horse saddles, inc. the sales contract states that if the saddles are defective, kim's will allow little horse saddles to repair or replace them instead of rejecting the shipment. when the saddles arrive, they are defective. in this case, the perfect tender rule

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.