Other things the same, the aggregate quantity of goods demanded decreases if

a. real wealth falls.
b. the interest rate rises.
c. the dollar appreciates.
d. All of the above are correct.

d

Economics

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As output increases, the distance between average total cost and average variable cost increases

Indicate whether the statement is true or false

Economics

When the dollar appreciates, the prices of imported inputs

a. fall and aggregate supply shifts outward. b. fall and aggregate supply shifts inward. c. rise and aggregate supply shifts outward. d. rise and aggregate supply shifts inward.

Economics