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In the Aggregate Demand/aggregate Supply Model, the Vertical Axis Shows

Question 169

Multiple Choice

In the aggregate demand/aggregate supply model, the vertical axis shows the values of ________ and the horizontal axis shows the values of ________.


A) the unemployment rate; the inflation rate
B) real Gross Domestic Product (GDP) ; the price level
C) the price level; real Gross Domestic Product (GDP)
D) the inflation rate; the unemployment rate

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