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  • 21-11-2017
  • Business
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According to the interest rate effect, an increase in the price level leads to ________ in the interest rate, and therefore to ________ in the quantity of aggregate demand.

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321badlanderozrfw8
321badlanderozrfw8 321badlanderozrfw8
  • 21-11-2017
According to the interest rate effect, an increase in the price level leads to a decrease in the interest rate, and therefore to a decrease in the quantity of aggregate demand. 
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