On October 1, 2020, PNC Bank lends Peter's Landscaping, Inc. $50,000 for 6- months with an APR of 8%. What is the amount of interest earned for 2020 by PNC Bank from the Peter's Landscaping, Inc. loan - use 30 days each month, 360 days each year

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.