The ________ shows the relationship between the price level and quantity of real GDP demanded.
A) consumer price index
B) aggregate expenditure line
C) 45-degree line
D) aggregate demand curve
Correct Answer:
Verified
Q7: Higher personal income taxes
A)increase aggregate demand.
B)increase disposable
Q8: Which of the following is one explanation
Q9: An increase in the price level will
A)shift
Q10: The recession of 2007-2009 made many consumers
Q11: If the U.S.dollar decreases in value relative
Q13: The international trade effect states that
A)an increase
Q14: The "interest rate effect" can be described
Q15: When the economy enters into a recession,your
Q16: German luxury car exports were hurt in
Q17: Spending on the war in Afghanistan is
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