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Ryerson University Department of Economics ECN 204 Final Exam Winter 2016 Version One Duration: 2 Hours Name__________________________ Student #________________________________ Select the BEST answer and record it both on the test and the scanner sheet. 1) The aggregate demand curve: a) is upward sloping because a higher price level is necessary to make production profitable as production costs rise. b) is downward sloping because production costs decline as real output increases? c) shows the amount of expenditures required to induce the production of each possible level of real output. d) shows the amount of real output which will be purchased at each p
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Institution
Allegany College Of Maryland Somerset Campus
Course
ECN 204
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ecn 204 final exam winter version one
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ecn204finalexamanswers ryerson university ecn 204
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