Please explain each effect of the three effects

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Q. Suppose nominal GDP in 2005 was $12 trillion and in 2006 it was $15 trillion. The general price index in 2005 was 100 and in 2006 it was 102. Between 2005 and 2006 real GDP rose by what percent?

Q. The three effects explain the downward slope of the aggregate demand-aggregate supply model: Real-balances effect, interest-rate effect, and foreign-purchases effect. Please explain each effect

 

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