To determine the equilibrium price level and equilibrium level of real GDP, the aggregate demand and aggregate supply must:

A. be considered separately.
B. intersect.
C. be disregarded.
D. be considered as a multiplier.


Answer: B

Economics

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The SAS curve shifts if there is a change in the price level

Indicate whether the statement is true or false

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A term that categorizes patterns of exchange rate behavior is known as:

a. exchange rate regimes. b. exchange rate realms. c. exchange rate principles. d. exchange rate observations.

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By value, a majority of the assets held by the Fed is in gold.

Answer the following statement true (T) or false (F)

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