The Aggregate Expenditure Model Is

Multiple Choice

The aggregate expenditure model is

A) most useful in explaining situations where changes in aggregate expenditures cause the price level to change
B) not useful in situations where changes in aggregate expenditures cause the price level to change
C) helpful in explaining situations where the economy is plagued by inflationary pressures
D) the reciprocal of the aggregate demand model
E) most useful when we are dealing with an economy dominated by a foreign sector