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The Aggregate Demand (AD) Function of an Economy Is Based

Question 34

Multiple Choice

The aggregate demand (AD) function of an economy is based on:


A) the expenditure approach used in national accounts to measure GDP.
B) the income approach used in national accounts to measure real GDP.
C) the current capacity of the economy to produce goods and services.
D) the sales of domestic goods and services to residents of other countries.

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