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Social Studies, 04.05.2022 09:10 lukaslinder3529
Match the cause for the negatively sloped aggregate demand curve with the correct term.
a. As prices rise, the cost for businesses to finance new equipment increases, causing a drop in quantity demanded of real GDP.
b. The purchasing power of money held in savings accounts falls as prices rise.
c. As prices rise in the United States, foreigners purchase fewer U. S. goods.
WORD BANK
the wealth effect
the export effect
the interest rate effect
the aggregate demand effect
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Match the cause for the negatively sloped aggregate demand curve with the correct term.
a. As pric...
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