Question
5.A large increase in interest rates leads to decreases in capital spending. From the list below, choose ONE answer that best describes what would occur
5.A large increase in interest rates leads to decreases in capital spending. From the list below, choose ONE answer that best describes what would occur INITIALLY in the following AD (aggregate demand) AS (aggregate supply)"situation(s).a.Shift to the right of the AS curveb.Shift to the left of the AD curvec.Shift to the right of the AD curved.Move to the left (up) along the AD curvee.Move to the right (up) along the AS curvef.Move to the left (down) along the AS curveg.Shift to the left of the AS curveh.Move to the right (down) along the AD curve
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