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Question
Which of these questions does aggregate demand help us answer?
I. What determines the total amount of our output that individuals, firms, governments and foreigners want to buy?
II. What is the economyʹs long -run real Gross Domestic Product (GDP)?
III. What determines the economyʹs equilibrium price level and the rate of inflation?
A) I only
B) I and II
C) II and III
D) I and III
Answer
This answer is hidden. It contains 1 characters.
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