Question: Consider a simple macro model with demand-determined output. Other things being equal, the price level and desired aggregate expenditure are related to each other O

Consider a simple macro model with demand-determined output. Other things being

equal, the price level and desired aggregate expenditure are related to each

Consider a simple macro model with demand-determined output. Other things being equal, the price level and desired aggregate expenditure are related to each other O a. proportionally. O b. exponentially. O c. progressively. O d. negatively. O e. positively

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