In macroeconomics, a _________________ is used to show the relationship between output and the input price level.
A. Phillips curve
B. microeconomic model
C. expenditure-output model
D. Keynesian framework
Answer:A
In macroeconomics, a _________________ is used to show the relationship between output and the input price level.
A. Phillips curve B. microeconomic model C. expenditure-output model D. Keynesian framework
Explanation: Type: Multiple Choice