The aggregate demand curve slopes downward because a decrease in the price level means a(n) _____ in the real money supply and therefore a _____ level of real spending.

Keynesians contend that a ______ price level ______ the real quantity of money, _____ higher spending.

Although _____ contend that an increase in government spending will “crowd out” private spending, _____ contend that only partial crowding out occurs.

According to the Keynesians, an increase in taxes, other things equal, shifts the aggregate _____ curve to the _____.

According to the Keynesian view of aggregate demand

Keynesians believe that

A movement up a given aggregate demand curve is the result of

The aggregate demand curve is downward sloping because

According to the Keynesians, an increase in government spending, other things equal, shifts the aggregate _____ curve to the _____.

According to the Keynesians, an increase in net exports, other things equal, shifts the aggregate _____ curve to the _____.

The Keynesian analysis of aggregate demand indicates that a decline in the price level causes

According to monetarists, a decline in the money supply, holding other factors constant, shifts the aggregate _____ curve to the _____.

An increase in interest rates will cause 

According to the monetarists an increase in the money supply, other things equal, shifts the aggregate _____ curve to the _____.

______ question the effectiveness of ______ policy in changing aggregate _____, since they believe that crowding out of investment will be nearly complete.