Explain clearly why the AD curve slopes downward.
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Q120: Exhibit 24-4 Q121: According to the spending allocation model, what Q122: The inflation adjustment line (IA) shows the Q123: A decrease in the target inflation rate Q124: Explain how an increase in the level Q126: The inflation adjustment line is used to Q127: Suppose the inflation rate has increased. Explain Q128: What does it mean to claim that Q129: Explain how real interest rates affect investment Q130: How do changes in real interest rates
A)describe
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