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Which of the statements about aggregate demand (AD) is true? a.) AD represents the downward sloping relationship between price level and O real gross domestic

Which of the statements about aggregate demand (AD) is true? a.) AD represents the downward sloping relationship between price level and O real gross domestic product (RGDP). b.) Interest rates have no effect on AD. ( c.) The exchange rate has no effect on AD. d.) The wealth effect leads to a decrease in consumption as prices fall

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