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If the Money Wealth, Interest Rate, and International Effects Reduce

Question 50

Multiple Choice

If the money wealth, interest rate, and international effects reduce the quantity of aggregate demand by 3 percent when the price rises by 6 percent and the multiplier is 2, then the slope of the aggregate demand curve is:


A) −1/2.
B) −1.
C) −2.
D) −3.

Correct Answer:

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