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The Labels for the Axes of the Aggregate Demand Graph

Question 14

Multiple Choice

The labels for the axes of the aggregate demand graph should be


A) quantity of a product on the vertical axis and the price of a product on the horizontal axis.
B) price of a product on the vertical axis and quantity of a product on the horizontal axis.
C) real domestic output on the vertical axis and the price level on the horizontal axis.
D) real domestic output on the horizontal axis and the price level on the vertical axis.

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