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    Economics Today
  4. Exam
    Exam 8: Modelling Real Gdp and the Price Level in the Short Run
  5. Question
    What Is Measured on the Vertical Axis of the Short-Run
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What Is Measured on the Vertical Axis of the Short-Run

Question 102

Question 102

Multiple Choice

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


A) real national income
B) nominal income
C) the price level
D) the interest rate

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