"Assume a company has a $350 credit (not cash) sale". How would the transaction appear if the business uses accrual accounting? A. The transaction would not be reported because the cash was not exchanged. B. 350 would show up on the balance sheet as a sale. C. $350 would show up on the income statement as a sale. D. $350 would show up on the statement of cash flows as a cash outflow.

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.