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  3. Study Set
    Financial System and the Economy Principles
  4. Exam
    Exam 22: Aggregate Demand and Aggregate Supply
  5. Question
    What Is Measured on the Vertical Axis of the Aggregate
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What Is Measured on the Vertical Axis of the Aggregate

Question 18

Question 18

Multiple Choice

What is measured on the vertical axis of the aggregate supply curve?


A) real output
B) the overall price level as captured by a price index
C) a goods relative price
D) the quantity per time period of a particular good

Correct Answer:

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