Economics 9708 · AS & A Level · Economic growth

Economic growth — practice question

The diagram presents an aggregate demand curve (AD). What is shown on the horizontal (X) axis and on the vertical (Y) axis?

  • Ahorizontal axis X: money national output; vertical axis Y: real disposable income
  • Bhorizontal axis X: price level; vertical axis Y: real GDP
  • Chorizontal axis X: real GDP; vertical axis Y: price level
  • Dhorizontal axis X: real disposable income; vertical axis Y: money national output

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