The Size of the Wealth Effect and the Slope of the Aggregate Demand Curve. Suppose the wealth effect is very small; that is, a large fall in prices will not increase consumption by very much. Explain...

The Size of the Wealth Effect and the Slope of the Aggregate Demand Curve. Suppose the wealth effect is very small; that is, a large fall in prices will not increase consumption by very much. Explain carefully why this will imply that the aggregate demand curve will have a steep slope