In the Aggregate Demand-Aggregate Supply Model, the Economy's Price Level

question 91

Multiple Choice

In the aggregate demand-aggregate supply model, the economy's price level is assumed to be:

• A) Constant, just like in the aggregate expenditures model
• B) Variable, just like in the aggregate expenditures model
• C) Constant, unlike in the aggregate expenditures model
• D) Variable, unlike in the aggregate expenditures model

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