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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 Vertical Axis of the Aggregate
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What Is Measured on the Vertical Axis of the Aggregate

Question 105

Question 105

Multiple Choice

What is measured on the vertical axis of the aggregate demand graph?


A) nominal income
B) real GDP per year
C) the price level
D) unemployment

Correct Answer:

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