Which of the following explain why the aggregate demand (AD) curve is downward sloping? Check all that apply. The net exports effect The income effect The interest-rate effect The real balances effect Although the AD and market demand curves are both downward sloping, the two concepts are different because the AD curve deals with prices and a, while the market demand curve deals with prices and a

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter9: An Introduction To Basic Macroeconomic Markets
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Which of the following explain why the aggregate demand (AD) curve is downward sloping? Check all
that apply. The net exports effect The income effect The interest-rate effect The real balances effect
Although the AD and market demand curves are both downward sloping, the two concepts are different
because the AD curve deals with prices and a, while the market demand curve deals with prices and a
Transcribed Image Text:Which of the following explain why the aggregate demand (AD) curve is downward sloping? Check all that apply. The net exports effect The income effect The interest-rate effect The real balances effect Although the AD and market demand curves are both downward sloping, the two concepts are different because the AD curve deals with prices and a, while the market demand curve deals with prices and a
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