q7 - OL_MACROECONOMIC PRINCIPLES_3238A784...

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OL_MACROECONOMIC PRINCIPLES_3238A784 (ECON_2023238A784) > TESTS/QUIZZES > REVIEW ASSESSMENT: QUIZ 7 Review Assessment: Quiz 7 Question 1 2 out of 2 points The aggregate demand curve: Selected Answer: shows the amount of real output that will be purchased at each possible price level. Correct Answer: shows the amount of real output that will be purchased at each possible price level. Question 2 2 out of 2 points The aggregate demand curve is: Selected Answer: downsloping because of the interest-rate, real-balances, and foreign purchases effects. Correct Answer: downsloping because of the interest-rate, real-balances, and foreign purchases effects. Question 3 2 out of 2 points The foreign purchases effect suggests that a decrease in the U.S. price level relative to other countries will: Selected Answer: increase U.S. exports and decrease U.S. imports. Correct Answer: increase U.S. exports and decrease U.S. imports. Question
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q7 - OL_MACROECONOMIC PRINCIPLES_3238A784...

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