Consider the Basic AD/AS Model

question 95

Multiple Choice

Consider the basic AD/AS model.Real GDP is demand determined along the

• A)upward-sloping portion of the AS curve.
• B)downward-sloping portion of the AS curve.
• C)vertical portion of the AS curve.
• D)horizontal portion of the AS curve.
• E)None of the above - real GDP cannot be demand determined.

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