Points Along the Aggregate Demand Curve Represent Combinations of the Price

question 75

Multiple Choice

Points along the aggregate demand curve represent combinations of the price level and current output for which

• A)the money market and the goods market are in equilibrium, but the market for nonmoney assets may not be.
• B)the goods market and the market for nonmoney assets are in equilibrium, but the money market may not be.
• C)the money market and the market for nonmoney assets are in equilibrium, but the goods market may not be.
• D)the money market, the market for nonmoney assets, and the goods market must all be in equilibrium.

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