Question: 1. What do most economists believe concerning the relation between the price level and real output? (5 points) 2. Make a list of expenditures whose

1.      What do most economists believe concerning the relation between the price level and real output? (5 points)

2.      Make a list of expenditures whose sum equals GDP. (5 points)

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1Gross Domestic Product or GDP is the sum total of all the goods and services ... View full answer

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