Which of the following explains why the aggregate demand curve is downward sloping?

A) the open economy effect B) the real-balance effect
C) the interest rate effect D) all of the above

D

Economics

You might also like to view...

Regulation Q, now no longer operative, set a

a. maximum on the interest rate that banks and savings and loans could pay depositors b. maximum on the interest rate that banks and savings and loans could charge on consumer loans c. maximum amount that banks and savings and loans could loan out of excess reserves d. legal reserve requirement for savings and loans that was 1.5 times the requirement for banks e. value for the potential money multiplier that could not exceed 1

Economics

Use the information provided in Table 7.1 below to answer the question(s) that follow.   Table 7.1Inputs Required to Produce a Product Using Alternative Technologies Refer to Table 7.1. Which technology is the most labor intensive?

A. A B. B C. C D. D

Economics