Which of the following statements is False? Question 29 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