To determine the price level and real GDP, the aggregate demand and aggregate supply must
A)be considered separately.
B)intersect.
C)be disregarded.
D)be considered as a multiplier.

Name: To determine the price level and real GDP, the aggregate demand and aggregate supply must A)be considered separately. B)intersect. C)be disregarded. D)be considered as a multiplier.
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Question

Quizplus · Accepted Answer

The aggregate demand and aggregate supply curves intersect to determine the price level and real GDP.

To Determine the Price Level and Real GDP, the Aggregate