With Respect to Their Impact on Aggregate Demand for the U.S

question 64

Multiple Choice

With respect to their impact on aggregate demand for the U.S. economy, which of the following represents the correct ordering of the wealth effect, interest-rate effect, and exchange-rate effect from most important to least important?

• A)Wealth effect, exchange-rate effect, interest-rate effect
• B)Exchange-rate effect, interest-rate effect, wealth effect
• C)Interest-rate effect, wealth effect, exchange-rate effect
• D)Interest-rate effect, exchange-rate effect, wealth effect

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