Explain what happens to aggregate demand in each of the following cases: (a) The interest rate rises;

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Explain what happens to aggregate demand in each of the following cases: (a) The interest rate rises; (b) Wealth falls; (c) The dollar depreciates relative to foreign currencies; (d) Households expect lower prices in the future; (e) Business taxes rise.
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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