Question
In the AS-AD framework, AD represents ______________________________. the current productive capacity of the economy based on the production function and the supply of the factors
In the AS-AD framework, AD represents ______________________________.
the current productive capacity of the economy based on the production function and the supply of the factors of production
C + I + G + X - Mat different price levels
the short-run productive capacity of the economy
inflation in the long run
none of the above
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Management
Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen
6th Asia Pacific Edition
9780730329534
