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Business, 25.03.2021 16:40 gungamer720
Match the cause for the negatively sloped aggregate demand curve with the correct term.
1. As prices rise, the cost for businesses to finance new equipment increases, causing a drop in quantity demanded of real GDP.
2. The purchasing power of money held in savings accounts falls as prices rise.
3. As prices rise in the United States, foreigners purchase fewer U. S. goods.
OPTIONS:
a. The Aggregate Demand Effect
b. The Wealth Effect
c. The Interest Rate Effect
d. The Export Effect
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Match the cause for the negatively sloped aggregate demand curve with the correct term.
1. As price...
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