Multiple Choice
The three reasons why the aggregate demand curve slopes downward are
A) the international substitution effect, the net exports effect and the interest rate effect.
B) the interest rate effect, the short run effect and the free rider effect
C) the net exports effect, the real balance effect and the short run effect
D) the real balance effect, the international substitution effect and the interest rate effect.
Correct Answer:
Verified
Correct Answer:
Verified
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