Multiple Choice
The aggregate demand curve has a negative slope,because households and businesses respond to an increase in ________ by reducing their expenditures.
A) the inflation rate
B) output
C) the real interest rate
D) all of the above
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q80: An economy is in long-run equilibrium when
Q81: By the time Paul Volcker took office
Q82: Which equation is a plausible aggregate demand
Q83: Picture an economy that is in general
Q84: 12.2 Equilibrium in Aggregate Demand and Supply
Q85: By the time Paul Volcker took office
Q86: The March 2000 "tech bubble" burst caused
Q88: The assumption that in the long run
Q89: A change in the output gap is
Q90: Consider an economy in a long-run equilibrium