The AS/AD Model Studies the Relationship Between

question 173

Multiple Choice

The AS/AD model studies the relationship between

• A) the price level and unemployment.
• B) the price level and real GDP.
• C) unemployment and real GDP.
• D) nominal GDP and inflation.

---

Definitions:

Chemical Signals

Molecules released by cells that have the effect of altering the metabolism, growth, or activity of other cells that possess receptors for the signal.

Electrical Signals

Impulses generated by the movement of ions, essential for the functioning of neurons and the communication within and between neural circuits.

Glycocalyx

A glycoprotein and glycolipid covering that surrounds the cell membranes of some bacteria, epithelia, and other cells.

Glycolipids

are lipids with a carbohydrate attached by a glycosidic linkage, primarily involved in cell recognition and membrane structure.