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28 Nov 2020
An increase in interest rates results in
A. shifting the aggregate supply curve to the left, decreasing real GDP and increasing the price level.
B. shifting the aggregate supply curve to the right, increasing real GDP, and lowering the price level.
C. shifting the aggregate demand curve to the right, increasing real GDP, and lowering the price level.
D. shifting the aggregate demand curve to the left, reducing real GDP and lowering the price level.
An increase in interest rates results in
A. shifting the aggregate supply curve to the left, decreasing real GDP and increasing the price level.
B. shifting the aggregate supply curve to the right, increasing real GDP, and lowering the price level.
C. shifting the aggregate demand curve to the right, increasing real GDP, and lowering the price level.
D. shifting the aggregate demand curve to the left, reducing real GDP and lowering the price level.
Yusra AneesLv10
14 Jan 2021
