The general shape of an aggregate demand curve is
A) downward sloping because of financial factors.
B) downward sloping because higher prices mean lower quantities demanded.
C) upward sloping because higher prices elicit greater output.
D) vertical because potential GDP is defined by capacity and labor availability.
E) a and b.
Correct Answer:
Verified
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A) the
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A)
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Q33: Net exports are
A) negatively correlated with GDP.
B)
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