The Relationship Between the Price Level and the Real Gross

question 243

Multiple Choice

The relationship between the price level and the real Gross Domestic Product (GDP) without full adjustment or full information is represented by

• A) the long-run aggregate supply curve.
• B) the short-run aggregate supply curve.
• C) the aggregate demand curve.
• D) the distance between the long-run aggregate supply curve and the short-run aggregate supply curve.

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