Explain each of the following: (a) real balance effect, (b) interest rate effect, and (c) international trade effect. Graphically portray each of the following: (a) a change in the quantity demanded...



Explain each of the following: (a) real balance effect,


(b) interest rate effect, and (c) international trade effect.



Graphically portray each of the following: (a) a change


in the quantity demanded of Real GDP and (b) a change


in aggregate demand.



May 26, 2022
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