If the Money Wealth, Interest Rate, and International Effects Reduce

question 205

Multiple Choice

If the money wealth, interest rate, and international effects reduce the quantity of aggregate demand by 5 percent when the price rises by 10 percent and the multiplier is 3, then the slope of the aggregate demand curve is:

• A)−1/2.
• B)−2/3.
• C)−2.
• D)−3.

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