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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
  5. Question
    The Primary Purpose of the AD-AS Model Is to Explain
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The Primary Purpose of the AD-AS Model Is to Explain

Question 228

Question 228

Multiple Choice

The primary purpose of the AD-AS model is to explain:


A) the steady-state output.
B) trends in output.
C) business fluctuations.
D) long-term economic growth.

Correct Answer:

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