The aggregate demand curve
a. is identical to the AE curve.
b. shows the amounts of real output that will be demanded at various price levels.
c. shows the amount of real output that will be demanded at various levels of income.
d. shows the amount of income that will be earned at various price levels.
b. shows the amounts of real output that will be demanded at various price levels.
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___________ is the best day to find low fares. This is a departure from the conventional wisdom of recent years, when _________ was considered the best bet.
Fill in the blank(s) with the appropriate word(s).
A study conducted by Alberto Alesina and Lawrence Summers concluded that countries with highly independent central banks had ________ than countries whose central banks had little independence
A) lower unemployment rates B) higher unemployment rates C) higher inflation rates D) lower inflation rates