There are the three reasons why aggregate demand is downward slope: real wealth effect, interest rate effect, exchange rate effect. In a case scenario the market saw an increase in consumer spending when there is a hnnm in economy. DI the economic crisis makes the public hit shy to buy or consume any producL In the above two situations: the transfer payment does not make the part of government spending as the public will spend the money given as selfsecurity and unemployment. Export situation gets worse as the foreigners are reluctant to buy expensive goods and the government will make some imports. The harrowing has become easy and loans are issued at a cheaper rate in HE car. Prioe Level Following the equation: 1' = C + I + G + N1 will the below examples increase or decrease the aggregate demand in Pakistan? What will he the shift in position for below situations? . Widespread fear of recession {1 Mark] The appreciation in the Pakistani Rupee rate {1 Mark} . Ahoom in the stock market {1 Mark) . An increase in transfer payment {1 Mark] A decrease in real interest rate in Pakistan [1 Mark} punpw