An increase in interest rates affects aggregate demand by
a. shifting the aggregate demand cu...
Business, 30.12.2019 23:31, lilque6112
An increase in interest rates affects aggregate demand by
a. shifting the aggregate demand curve to the right, increasing real gdp and lowering the price level
b. shifting the aggregate demand curve to the left, reducing real gdp and lowering the price level
c. shifting the aggregate supply curve to the left, decreasing real gdp and increasing the price level
Answers: 1
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