1.1 Suppose that at a price index of 154, the quantity demanded of (U.S.) Real GDP is...

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1.1 Suppose that at a price index of 154, the quantity demanded of (U.S.) Real GDP is $10.0 trillion worth of goods. Do these data represent aggregate demand or a point on an aggregate demand curve? Explain your answer.

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Economics

ISBN: 978-0324538014

8th Edition

Authors: Roger A Arnold

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