The Aggregate Expenditure Model Focuses on the Relationship Between ________

question 281

Multiple Choice

The aggregate expenditure model focuses on the relationship between ________ and ________ in the short run, assuming ________ is constant.

• A)total production; total income; real GDP
• B)total spending; real GDP; total income
• C)total spending; real GDP; the price level
• D)total income; real GDP; the price level
• E)total production; nominal GDP; unemployment