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Exhibit 16-1 -Refer to Exhibit 16-1.According to New Classical Macroeconomists,if Decreases in Classical

Question 62

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Exhibit 16-1
Exhibit 16-1 -Refer to Exhibit 16-1.According to new classical macroeconomists,if decreases in aggregate demand are unanticipated,then the economy will move from point C to A) point B. B) point A. C) some point on SRPC<sub>2</sub>, below C. D) some point on SRPC<sub>1</sub>, below A.
-Refer to Exhibit 16-1.According to new classical macroeconomists,if decreases in aggregate demand are unanticipated,then the economy will move from point C to


A) point B.
B) point A.
C) some point on SRPC2, below C.
D) some point on SRPC1, below A.

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