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Which of the following statements is False? Question 2 9 Select one: a . The aggregate demand relation captures the effects of output on the
Which of the following statements is False? Question Select one: a The aggregate demand relation captures the effects of output on the price level. It is derived from equilibrium in the goods and financial market b If the economy is currently operating on both the AS curve and the AD curve then, Labor markets, goods market, and financial market are all in equilibrium c None of the above d The aggregate supply relation captures the effects of Output on the price level It is derived from equilibrium in equilibrium in the labor market
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