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    Exam 8: The Business Cycle
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    Which of the Following Is an Explanation for Why the AD
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Which of the Following Is an Explanation for Why the AD

Question 2

Question 2

Multiple Choice

Which of the following is an explanation for why the AD curve slopes downward?


A) The interest rate effect.
B) The cost effect.
C) The profit effect.
D) The laissez faire effect.

Correct Answer:

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