In addition to the price level, which of the following does the aggregate demand and aggregate supply model focus on?
A)real GDP
B)nominal GDP
C)the neutrality of money
D)stock prices

Question

Quizplus · Accepted Answer

The aggregate demand and aggregate supply model focuses on real GDP, not nominal GDP or stock prices. While the neutrality of money is a concept related to economic theory, it is not a primary focus of the aggregate demand and aggregate supply model.

In Addition to the Price Level, Which of the Following