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The Influence of Monetary and Fiscal Policy on Aggregate Demand

Chapter 34. The Influence of Monetary and Fiscal Policy on Aggregate Demand. Aggregate Demand. The AD curve slopes downward for three reasons: The wealth effect The interest-rate effect The exchange-rate effect. the most important of these effects for the U.S. economy. 0.

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The Influence of Monetary and Fiscal Policy on Aggregate Demand