The interest rate effect is part of the reason A) the long-run ...

[sarasara]

The interest rate effect is part of the reason
 
  A) the long-run aggregate supply curve is vertical.
  B) the aggregate demand curve is downward sloping.
  C) the short-run aggregate supply curve is upward sloping.
  D) the aggregate demand curve is upward sloping.

Question 2

The development of new products through research and development in new growth theory is important because
 
  A) new patents are created.
  B) there can be a positive impact on future growth.
  C) society's scarce resources are being used when they could be used for current consumption.
  D) it will lead to a reduction in the savings rate.

[Anton]

Answer to Question 1

B

Answer to Question 2

B

[sarasara]

Thanks for the timely response, appreciate it

[mohan]

Excellent