Complete the graphs by moving the labels for aggregate expenditures (AE), aggregate demand (AD), aggregate supply (AS), the price level (PL), the equilibrium price level (PLeq), real domestic output (GDP), and equilibrium real GDP (GDP eq) the the appropriate places. 45° PLeq GDP eq Answer Bank AE AS PL GDP AD

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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O Macmillan Learning
Complete the graphs by moving the labels for aggregate expenditures (AE), aggregate demand (AD), aggregate supply (AS), the
price level (PL), the equilibrium price level (PLeq), real domestic output (GDP), and equilibrium real GDP (GDP eq) the the
appropriate places.
45°
PLeq
GDP eq
Answer Bank
AE
AS
PL
GDP
AD
Transcribed Image Text:O Macmillan Learning Complete the graphs by moving the labels for aggregate expenditures (AE), aggregate demand (AD), aggregate supply (AS), the price level (PL), the equilibrium price level (PLeq), real domestic output (GDP), and equilibrium real GDP (GDP eq) the the appropriate places. 45° PLeq GDP eq Answer Bank AE AS PL GDP AD
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