Business, 11.05.2021 04:30 lizdeleon248
If the Federal Reserve increases interest rates, spending that is affected by that rate will decrease. Will the aggregate demand curve shift left or right in this situation?
a. shift left, because demand for goods and services will decrease.
b. shift right, because demand for goods and services will increase.
c. won't move, because demand will remain the same in the interest rate rises.
Answers: 1
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If the Federal Reserve increases interest rates, spending that is affected by that rate will decreas...
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