Multiple Choice
The interest rate effect of a change in the aggregate price level causes the:
A) long-run aggregate supply curve to be vertical.
B) aggregate demand curve to be negatively sloped.
C) short-run aggregate supply curve to be positively sloped.
D) aggregate demand curve to be positively sloped.
Correct Answer:
Verified
Correct Answer:
Verified
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Q103: Changes in short-run aggregate supply can be
Q104: Use the following to answer questions:<br>Figure: Shifts
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Q106: A change in _ would cause a
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Q110: Changes in aggregate demand can be caused
Q111: Use the following to answer questions:<br>Figure: AD-AS
Q112: Use the following to answer questions:<br>Figure: The