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Suppose an economy existed in which investment, net exports, and consumption were not sensitive to changes in interest rates. For this economy, the AD curve would O have a slope less than 1 but greater than zero. O be horizontal.

Suppose an economy existed in which investment, net exports, and consumption were not sensitive to changes in interest rates. For this economy, the AD curve would O have a slope less than 1 but greater than zero. O be horizontal.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Question 52 Suppose an economy existed in which investment, net exports, and consumption were not sensitive to changes in interest rates. For this economy, the AD curve would O have a slope less than 1 but greater than zero. O be horizontal. O have a negative slope. O be vertical. 2 pts O have a slope equal to 1. چلے
Transcribed Image Text:Question 52 Suppose an economy existed in which investment, net exports, and consumption were not sensitive to changes in interest rates. For this economy, the AD curve would O have a slope less than 1 but greater than zero. O be horizontal. O have a negative slope. O be vertical. 2 pts O have a slope equal to 1. چلے
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