A fluctuation in aggregate variable such as income and output is known as ______

When incomes are measured in terms of fixed (base-year) prices they are called ________incomes.A) nominalB) realC) inflatedD) aggregate

Fluctuations in national income:

What is an aggregate production function?

Aggregate demand refers to the

Elements in the economic fluctuations model include which of the following? Select all that apply.ResponsesA an equilibrium at the intersection between an aggregate supply curve and an aggregate demand curvean equilibrium at the intersection between an aggregate supply curve and an aggregate demand curveB an aggregate supply curvean aggregate supply curveC an inflation adjustment linean inflation adjustment lineD an aggregate demand curve