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  3. Study Set
    Macroeconomics Study Set 68
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    Exam 12: Aggregate Demand and Aggregate Supply
  5. Question
    Explain the Three Reasons Given for the Downward Slope of the Aggregate
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Explain the Three Reasons Given for the Downward Slope of the Aggregate

Question 44

Question 44

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Explain the three reasons given for the downward slope of the aggregate demand curve.

Correct Answer:

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The real-balances effect refers to how c...

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