When long-term interest rates rise, consumption expenditure and investment _______ and aggregate demand _______. A. decrease the same day; decreases a year later B. decrease a year later; decreases a year later C. increase a year later; increases a year later D. decrease about two years later; decreases about two years later thanks
When long-term interest rates rise, consumption expenditure and investment _______ and aggregate demand _______. A. decrease the same day; decreases a year later B. decrease a year later; decreases a year later C. increase a year later; increases a year later D. decrease about two years later; decreases about two years later thanks
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 3.7P
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When long-term interest rates rise, consumption expenditure and investment _______ and aggregate demand _______.
A.
decrease the same day; decreases a year later
B.
decrease a year later; decreases a year later
C.
increase a year later; increases a year later
D.
decrease about two years later; decreases about two years later
thanks
!!!
z
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