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Which of the following statements is true? In the US economy the net export sector is positive. The aggregate supply curve is vertical if the
Which of the following statements is true? In the US economy the net export sector is positive. The aggregate supply curve is vertical if the price level is equal to per unit cost of production Aggregate demand is the sum of total output produced by all firms in the US. Aggregate production sums up the four major components C+I+G+Xn in the US economy. Government spending is the largest component of aggregate demand
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