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1.The Aggregate Demand curve slopes downward for three reasons. Below, I list the threereasons. For each, identify the component of GDP that is affected by

1.The Aggregate Demand curve slopes downward for three reasons. Below, I list the threereasons. For each, identify the component of GDP that is affected by each reason:

(a)(1 point) The Interest Rate Effect

(b)(1 point) The Exchange Rate Effect

(1 point) The Wealth Effect

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