Which of the following is represented by the negative slope of the aggregate demand curve? Group of answer choices A decrease in the exchange rate leads to more exports than imports A decrease in the price level encourages consumers to buy more imported goods An increase in the interest rate positively affects the investment demand An increase in the interest rate reduces the demand for money An increase in the price level makes people spend more

Which of the following is represented by the negative slope of the aggregate demand curve? Group of answer choices A decrease in the exchange rate leads to more exports than imports A decrease in the price level encourages consumers to buy more imported goods An increase in the interest rate positively affects the investment demand An increase in the interest rate reduces the demand for money An increase in the price level makes people spend more

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter8: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 14QP

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According to the net exports effect, as the price level falls relative to the rest of the world, Group of answer choices foreigners buy fewer goods. foreigners buy more U.S. goods. the aggregate demand curve shifts to the left. the aggregate demand curve shifts to the right.
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