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All Points on an Economy's AD Curve

Question 34

Multiple Choice

All points on an economy's AD curve


A) correspond to a particular point on industry demand curves for a particular product.
B) relate a particular price level to the total demand for output at that price level.
C) show only changes in relative prices and quantities.
D) show the direct relationship between the price level and net exports.
E) show the direct relationship between the price level and the demand for consumer goods.

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