In the short run, which of the following determines the level of real GDP?
A) prices
B) stock prices
C) aggregate demand
D) wages

Question

Quizplus · Accepted Answer

In the short run, the level of real GDP is primarily determined by aggregate demand. This includes consumer spending, investment, government spending, and net exports. Prices, stock prices, and wages may influence aggregate demand, but they do not directly determine the level of real GDP.

In the Short Run, Which of the Following Determines the Level