Unformatted text preview: and the international-trade effect, and the demand curve for an individual product slopes downward due to consumers substituting the more expensive product for cheaper goods. 1.3) a) Increases in the interest rate variable make the aggregate demand curve to shift to the left. b) Increases in the real wealth variable will make the aggregate demand curve shift to the right. c) An increase in net exports will shift the aggregate demand curve to the right....
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- Fall '10