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Home Q & A Board Other Fields Homework Help Business Economics
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kduffy1994 kduffy1994
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8 years ago
Substitution effects help explain the slope of the aggregate demand curve. One substitution effect refers to the
A) inverse relationship between the interest rate and the price level.
B). direct relationship between the interest rate and the real value of wealth.
C). effect on investment expenditures that result from a change in interest rates produced by a change in the price level.
D). change in wealth that results from a change in the interest rate.
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bio_manbio_man
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8 years ago
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kduffy1994 Author
wrote...

8 years ago
Correct Slight Smile TY
ezsancheezy
wrote...

Yesterday
Good timing, thanks!
Helpmeplease11
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2 hours ago
Helped a lot
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