Which of following claims concerning importance of effects, Ask an Expert

Economics

Q. Which of following claims concerning importance of effects that explain slope of U.S. Aggregate demand curve is correct? A. exchange-rate effect is relatively small because exports and imports are a small part of real GDP. B. interest-rate effect is relatively small because investment spending is not very responsive to interest rate changes. C. wealth effect is relatively large because money holdings are a significant portion of most households' wealth. D. None of above is correct.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9294423

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