Question: Which statement best describes the relationship among the three effects that influence the slope of the aggregate demand curve? a.All three effects occur simultaneously. b.The

Which statement best describes the relationship among the three effects that influence the slope of the aggregate demand curve?

a.All three effects occur simultaneously.

b.The real wealth effect always precedes the other two.

c.If the real exchange is large then the other two effects will be minimal.

d.If the real interest occurs first then the other two effects will be relatively large.

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