In addition to the price level, what does the aggregate demand and aggregate supply model focus on?
A) real GDP
B) nominal GDP
C) the exchange rate
D) unemployment

Question

Quizplus · Accepted Answer

The aggregate demand and aggregate supply model focuses on real GDP, which represents the total value of all goods and services produced within a country in a year, adjusted for inflation, alongside the price level.

In Addition to the Price Level, What Does the Aggregate