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The Aggregate Demand Curve Has the Usual Downward Slope,since a Higher

Question 84

Multiple Choice

The aggregate demand curve has the usual downward slope,since a higher price level reduces the real money supply,________ interest rates,and ________ the equilibrium level of aggregate output,everything else held constant.


A) raises; lowers
B) raises; raises
C) lowers; lowers
D) lowers; raises

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