Multiple Choice
The aggregate demand and aggregate supply graph has
A) quantity of output on the horizontal axis.Output can be measured by the GDP deflator.
B) quantity of output on the horizontal axis.Output can be measured by real GDP.
C) quantity of output on the vertical axis.Output can be measured by the GDP deflator.
D) quantity of output on the vertical axis.Output can be measured by real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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