An increase in the price level will increase the interest rate,which will decrease investment spending and shift aggregate demand to the left.
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Q6: Equilibrium real GDP is
A) independent of the
Q7: Which of the following would lead to
Q8: The aggregate demand curve tells us the
Q9: The aggregate demand curve
A) represents the relationship
Q10: Which of the following would lead to
Q12: A movement along the AD curve down
Q13: The aggregate demand curve identifies the level
Q14: As there is a movement upward and
Q15: Which of the following will cause a
Q16: A decrease in the price level leads
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