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Which of the following would likely cause a downward shift in the AE curve and a movement upward along the AD curve?
Bonds Payable
Long-term liabilities representing money owed by a company to bondholders, to be repaid at a future date.
Tax Rate
The percentage at which an individual or corporation is taxed.
Installment Note Payable
A liability that represents a loan that is repaid in regular payments over a set period of time.
Accrue Interest
The process of recognizing interest income or expense that has been earned or incurred but not yet received or paid.
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