The Aggregate Demand and Aggregate Supply Graph Has the

question 14

Multiple Choice

The aggregate demand and aggregate supply graph has the

• A)quantity of output on the horizontal axis.Output is best measured by real GDP.
• B)quantity of output on the horizontal axis.Output is best measured by nominal GDP.
• C)quantity of output on the vertical axis.Output is best measured by real GDP.
• D)quantity of output on the vertical axis.Output is best measured by nominal GDP.

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Definitions:

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The debate concerning the relative importance of an individual's innate qualities (nature) versus personal experiences (nurture) in determining or causing differences in physical and behavioral traits.

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