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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
  5. Question
    The AD-AS Model Is Most Useful for Explaining What Causes
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The AD-AS Model Is Most Useful for Explaining What Causes

Question 135

Question 135

Multiple Choice

The AD-AS model is most useful for explaining what causes:


A) the economy's long-run growth rate.
B) inflation.
C) stock market fluctuations.
D) fluctuations in GDP growth around its trend rate.

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