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

a. Real balances effect.
b. Real interest-rate effect.
c. Net exports effect.
d. All of these are reasons.

d

Economics

You might also like to view...

The accumulated training and education that you have is

A) physical capital. B) entrepreneurship. C) economic goods. D) human capital.

Economics

The Coase Theorem states that:

a. bargaining between producers and consumers leads to an efficient outcome when costs are low. b. bargaining between producers and consumers leads to an efficient outcome when costs are high. c. property rights should be assigned to the producers causing the externality d. property rights should be divided between the consumers affected by the externality.

Economics