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valputin valputin
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9 years ago
The aggregate demand curve is downward sloping because a higher inflation rate leads the central bank to ________ real interest rates, thereby ________ the level of equilibrium aggregate output., everything else held constant.
A) reduce; lowering
B) raise; lowering
C) raise; raising
D) reduce; raising
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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9 years ago
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valputin Author
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#2
9 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
9 years ago
Slight Smile Good luck with the rest
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