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The Aggregate Demand curve: a. Is horizontal because the quantity of output demanded is the same at any price level. O b. Is vertical because
The Aggregate Demand curve: a. Is horizontal because the quantity of output demanded is the same at any price level. O b. Is vertical because the quantity of output demanded is the same at any price level. O c. Slopes downward beause as the price level rises, the quantity of output demanded decreases. d. Slopes upward because as the price level rises, the quantity of output demanded increases
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
