For the U.S. economy, which of the following is the most important reason for the downward slope of the aggre-gate-demand curve?a. the wealth effectb. the interest-rate effectc. the exchange-rate effectd. the real-wage effect

Economics (MindTap Course List)
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ISBN:9781337617383
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Chapter8: Aggregate Demand And Aggregate Supply
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For the U.S. economy, which of the following is the most important reason for the downward slope of the aggre-gate-demand curve?
a. the wealth effect
b. the interest-rate effect
c. the exchange-rate effect
d. the real-wage effect

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