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The Labels for the Axes of an Aggregate Supply Curve

Question 132

Multiple Choice

The labels for the axes of an aggregate supply curve should be:


A) Real domestic output for the vertical axis and price level for the horizontal axis
B) Real domestic output for the horizontal axis and price level for the vertical axis
C) Real employment for the vertical axis and price level for the horizontal axis
D) Aggregate demand for the vertical axis and real national output for the horizontal axis

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