Which one of the following does NOT explain why the aggregate demand curve is downward sloping?
A. The loanable funds effect
B. The real balances effect
C. The foreign purchases effect
D. The interest rate effect
A. The loanable funds effect
Economics
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The rapid growth of the Chinese economy should
A) benefit U.S. consumers as they have access to less-expensive consumer goods. B) make it more difficult for citizens of the United States to find jobs. C) not affect the mix of jobs available to citizens of the United States. D) A and B
Economics
Evaluate the pros and cons of State-Owned Enterprises
What will be an ideal response?
Economics