Multiple Choice
A rising aggregate price level _____ an economy's interest rates and therefore _____ output demanded.
A) increases; increases
B) increases; reduces
C) reduces; increases
D) reduces; reduces
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: A product demand curve and the aggregate
Q186: The determinants of aggregate demand include the
Q202: Demand-pull inflation occurs when aggregate demand expands
Q224: Suppose when John's income increases from $10,000
Q226: If businesses expect to start earning more
Q227: According to Keynes, what determines the level
Q230: _ is the output of goods and
Q232: A temporary rise in the price of
Q233: What would cause the price level to
Q250: A(n) _ in oil prices and a(n)