Some economists have observed that the standard of living for the poorest third of the world is falling behind the standard for the rest of the world and is not improving very quickly.

What are some factors, in addition to what is stated in the text, that might influence the economic status of such countries?

Explain your answer with appropriate detail.

(GIVING 300 POINTS FOR THIS, ILL MAKE DUPE QUESTIONS)

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.