The aggregate demand curve shows the relationship between the price level and the quantity of real GDP demanded by households and firms, excluding government spending.
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Q17: How does an increase in the price
Q19: Which of the following would not be
Q20: What is the result of an increase
Q21: What is the level of real GDP
Q23: The level of long-run aggregate supply is
Q24: If potential GDP is equal to $1
Q26: What is another term for 'potential GDP'?
A)realised
Q27: What happens if technological change occurs in
Q44: Which of the following will shift the
Q46: A decrease in the price level results
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