Figure 6-1
-In Figure 6-1,a movement from point B to point A can be explained by
A) an increase in the real value of cash balances.
B) a decrease in the real value of cash balances.
C) the decrease in interest rates.
D) the increase in exports to the foreign sector.
Correct Answer:
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Q25: Figure 6-1 Q26: A rise in the price level will Q28: The aggregate demand curve usually Q29: The horizontal axis for an aggregate demand Q31: Higher interest rates Q32: If other factors are held constant,an increase Q33: When prices increase the interest rate effect Q34: The vertical axis for an aggregate demand Q35: Other things equal,a higher price level is Q139: If you have $5000 and the GDP
A)is vertical.
B)slopes upward.
C)slopes
A)reduce the quantity of goods
A)will
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