The market demand curve

a. is the sum of all individual demand curves.
b. is the demand curve for every product in an industry.
c. shows the average quantity demanded by individual demanders at each price.
d. is always flatter than an individual demand curve.


a

Economics

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Which of the following will cause the aggregate demand curve to shift to the left?

A) An increase in the price level B) An increase in the interest rate C) An increase in money demand D) An increase in investment expenditures

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In the equation Y = C + I + G + NX,

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Economics

If the Fed wants to discourage commercial bank lending, it will:

A. increase the interest paid on reserves held at the Fed. B. decrease the interest paid on reserves held at the Fed. C. buy government securities from commercial banks. D. lower the federal funds rate target.

Economics