The aggregate demand curve illustrates the relationship between
A) the price level and the potential quantity demanded of real GDP.
B) the price level and the quantity of goods demanded by households,firms,government and foreigners.
C) the real wage rate and the hours of labour demanded by firms.
D) the price level and the potential demand for real GDP.
E) the price level and the quantity of goods supplied by firms.
Correct Answer:
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Q4: Which of the following changes aggregate supply
Q21: An increase in _ increases potential GDP
Q24: Which of the following shifts the aggregate
Q25: A rise in the price level
A) decreases
Q39: Which of the following shifts the aggregate
Q42: If potential GDP increases,then the
A)aggregate supply curve
Q47: A technological advance _ potential GDP,_ aggregate
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