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The Yd(IS)curve Is Downward Sloping to Reflect the

Question 68

Multiple Choice

The Yd(IS) curve is downward sloping to reflect the


A) positive relationship between aggregate output and employment.
B) negative relationship between aggregate output and the real wage rate.
C) positive relationship between aggregate output and the real wage rate.
D) negative relationship between aggregate output and the real interest rate.
E) positive relationship between aggregate output and total factor productivity.

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