ECONOMICS
AGGREGATE DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT the reason for the AD curve to be downward sloping?
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The political priorities effect
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The interest rate effect
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The wealth effect
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The international trade effect
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Explanation:
Detailed explanation-1: -Answer and Explanation: c) The cost effect is the only effect that is not related to the downward sloping aggregate demand curve.
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