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Business, 20.12.2019 00:31 kamiyaharris1

The u. s. aggregate demand curve slopes downward due to all of the following reasons except the

a. interest-rate effect, where a change in the price level affects investment.
b. wealth effect, where a change in the price level affects consumption.
c. government-spending effect, where a change in the price level affects government purchases.
d. international-trade effect, where a change in the price level affects net exports.

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