Ricardostan is a small, landlocked country where every citizen makes their economic choices on the basis of the theory of ricardian equivalence as described by taylor. for each scenario below, assuming that all else remains the same, select whether the individual(s) involved would choose to increase, decrease or not change their savings.

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.