If there was no real wealth or interest rate effect, the aggregate demand curve would be upward sloping.
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Q1: The interest rate effect helps explain why
Q8: Higher interest rates will tend to reduce
Q9: Increases in government regulations can make the
Q13: An increase in disposable income would tend
Q15: A fall in the price level will
Q16: The short-run aggregate supply curve is vertical
Q17: At a given price level, anything that
Q17: The aggregate supply curves show how much
Q25: The long-run aggregate supply curve is the
Q153: The long-run level of real GDP changes
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