When the price level falls,planned aggregate expenditure increases along an AD curve because of the
A) real-balances effect only.
B) real-balances effect and the Fisher effect.
C) Fisher effect only.
D) foreign trade effect only.
E) real-balances effect and the foreign trade effect.
Correct Answer:
Verified
Q23: Q24: If everything else is held constant,an increase Q25: A shift in the position of the Q26: A rise in the price level Q27: If the aggregate demand curve is represented Q29: Which of the following will shift the Q30: Which of the following shifts the aggregate
A) increases
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