A decrease in interest rates caused by a change in the price level would cause a(n):
A. Decrease (or shift left) in aggregate demand
B. Increase (or shift right) in aggregate demand
C. Decrease in the quantity of real output demanded (or movement up along AD)
D. Increase in the quantity of real output demanded (or movement down along AD)
D. Increase in the quantity of real output demanded (or movement down along AD)
Economics
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Points where the aggregate expenditure (AE) curve lie above the 45° line are points where aggregate planned expenditure is
A) greater than real GDP. B) equal to real GDP. C) less than real GDP. D) the inverse of real GDP. E) not related to real GDP.
Economics
List four types of government policies which can aid economic growth
What will be an ideal response?
Economics