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    Exam 9: Real GDP and the Price Level in the Long Run
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    What Is Measured on the Vertical Axis When We Draw
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What Is Measured on the Vertical Axis When We Draw

Question 163

Question 163

Multiple Choice

What is measured on the vertical axis when we draw a graph of long-run aggregate supply?


A) production of capital goods
B) output of consumer goods
C) the price level
D) real GDP

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