As interest rates drop,households tend to borrow more and businesses tend to borrow less.
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Q12: The level of Real GDP that the
Q13: When foreign real national income rises,domestic Real
Q14: If businesses are optimistic about future sales,the
Q15: When wage rates rise the short-run aggregate
Q16: Some of the factors that can shift
Q18: An adverse supply shock results in an
Q19: An aggregate demand (AD)curve shows the
A) amount
Q20: The level of Real GDP and the
Q21: The interest rate effect is one of
Q22: If consumption changes because of a change
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