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Which of the following explains why the aggregate demand curve slopes downward?

a. The investment effect, the real-balances effect, and the international effect.

b. The interest-rate effect, the real-purchases effect, and the foreign purchases effect.

C. The investment effect, the real-purchases effect, and the foreign purchases effect.

d. The interest-rate effect, the real-balances effect, and the foreign purchases effect.

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Mahe Alam
Mahe AlamLv10
5 Apr 2021
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