Multiple Choice
The aggregate expenditure model focuses on the relationship between ________ and ________ in the short run, assuming ________ is constant.
A) total production; total income; real GDP
B) total spending; real GDP; total income
C) total spending; real GDP; the price level
D) total income; real GDP; the price level
E) total production; nominal GDP; unemployment
Correct Answer:

Verified
Correct Answer:
Verified
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