Which of the following is NOT a reason why the AD curve slopes downward? As the price level falls, nominal interest rates rise. O As the price level falls, US exports become cheaper, and US imports become more expensiva increasing ne As the price level increases, government spending decreases.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Question 6
Which of the following is NOT a reason why the AD curve slopes downward?
O As the price level falls, nominal interest rates rise.
O As the price level falls, US exports become cheaper, and US imports become more expensiva increasing net exports.
O As the price level increases, government spending decreases.
O As the price level increases, the the real value of assets such as houses and stocks decreases, and consumption falls.
Transcribed Image Text:Question 6 Which of the following is NOT a reason why the AD curve slopes downward? O As the price level falls, nominal interest rates rise. O As the price level falls, US exports become cheaper, and US imports become more expensiva increasing net exports. O As the price level increases, government spending decreases. O As the price level increases, the the real value of assets such as houses and stocks decreases, and consumption falls.
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