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    Exam 11: Expenditure Multipliers: the Keynesian Model
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    The Aggregate Demand Curve Slopes Downward Because of
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The Aggregate Demand Curve Slopes Downward Because of

Question 186

Question 186

Multiple Choice

The aggregate demand curve slopes downward because of


A) wealth and substitution effects.
B) the multiplier.
C) import and taxation effects.
D) the MPC.

Correct Answer:

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