All of the following are detrimental macro consequences of inflation except

When production generates a negative externality, the true cost of production is the ________ cost of production

A) private B) external C) social D) average

The aggregate expenditure model focuses on the relationship between ________ and ________ in the short run, assuming ________ is constant

A) total income; real GDP; the price level B) total spending; real GDP; the price level C) total production; total income; real GDP D) total spending; real GDP; total income