Solved

In the Macroeconomic Model of Aggregate Supply and Aggregate Demand

Question 97

Multiple Choice

In the macroeconomic model of aggregate supply and aggregate demand:


A) unemployment is negatively related to the overall price level.
B) quantity represents GDP.
C) price is calculated as a weighted average of services traded in the economy.
D) All of these are true.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions