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    Exam 10: Real GDP and the Price Level in the Long Run
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    What Is Measured on the Horizontal Axis of the Aggregate
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What Is Measured on the Horizontal Axis of the Aggregate

Question 154

Question 154

Multiple Choice

What is measured on the horizontal axis of the aggregate demand/aggregate supply model?


A) prices
B) real Gross Domestic Product (GDP)
C) planned expenditures
D) nominal income

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