The second reason for the downward slope of the aggregate demand curve is Keynes's interest-rate effect. Recall that the quantity of money demanded is dependent upon the price level. That is, a high price level means that it takes a relatively large amount of currency to make purchases.
Elision. Elision is a process where one or more phonemes are âdroppedâ, usually in order to simplify the pronunciation. It may occur for both vowels and consonants, although it is much more common for consonants.
Elision of a vowel before a word starting in a vowel is frequent in poetry, where the meter sometimes requires it. For example, the opening line of Catullus 3 is Lugete, O Veneres Cupidinesque, but would be read as Lugeto Veneres Cupidinesque.