Economics of Money, Banking and Financial Markets, The, Business School Edition (5th Edition) (What's New in Economics)
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Chapter 23, Problem 3Q
To determine

“The appreciation of the dollar from 2012 to 2017 had a negative effect on aggregate demand in the United States.” Is this statement true, false, or uncertain?

Concept Introduction:

Aggregate demand curve - It represents the total goods and services demanded at different price levels in a given period of time. This concept considers the economy as a whole. The equation for AD is AD = C+I+G+NX

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