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The Wealth Effect,interest Rate Effect,and International Trade Effect All Explain

Question 91

Multiple Choice

The wealth effect,interest rate effect,and international trade effect all explain why the


A) aggregate demand (AD) curve has a negative slope.
B) aggregate demand (AD) curve has a positive slope.
C) aggregate supply (AS) curve has a positive slope.
D) aggregate supply (AS) curve has a negative slope.
E) price level and real gross domestic product (GDP) are unrelated.

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