The aggregate demand curve is negatively sloped because a lower price level
A) reduces the real money supply.
B) increases the real money supply.
C) reduces aggregate income.
D) increases aggregate income.
B
Economics
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The major factor affecting a nation's balance of payments is
A) an increase in its rate of unemployment. B) its rate of inflation relative to the rate of inflation of its trading partners. C) a change in the productivity of its labor. D) its stock market movements.
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Which of the following variables is a flow concept?
a. Gross domestic product b. Assets c. Wealth d. Money supply e. Saving
Economics