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    Economics Study Set 8
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    Exam 26: The Keynesian Short-Run Policy Model: Demand-Side Policies
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    If the Multiplier Effect Did Not Exist, the Aggregate Demand
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If the Multiplier Effect Did Not Exist, the Aggregate Demand

Question 24

Question 24

Multiple Choice

If the multiplier effect did not exist, the aggregate demand curve would:


A) be steeper.
B) be flatter.
C) be horizontal.
D) not exist.

Correct Answer:

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