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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Macroeconomics

ISBN: 9781337617390

13th Edition

Authors: Roger A. Arnold

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