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Retnec Retnec
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7 years ago
The real balance effect
A) is one reason why the aggregate demand curve is downward sloping.
B) can cause the aggregate demand curve to shift to a new position.
C) has to do with the impact of price level changes on the prevailing interest rate.
D) helps to explain why the aggregate supply curve is upward sloping.
E) can cause the aggregate supply curve to shift to a new position.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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Retnec Author
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#2
7 years ago
Thanksss
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