Which of the following is not a reason for the downward slope of the aggregate demand curve?

a. Real balances effect
b. Interest-rate effect
c. Net exports effect
d. Government spending effect

d

Economics

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If the marginal propensity to consume (MPC) is 0.8, the multiplier is

A) 0.8. B) 5.0. C) 1.2. D) 0.2.

Economics

Describe some of the gains from lowering trade barriers that may be difficult to measure

What will be an ideal response?

Economics