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    Exam 10: Output,inflation,and Unemployment: Alternative Views
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    Keynesian and Classical Theories Agree That
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Keynesian and Classical Theories Agree That

Question 19

Question 19

Multiple Choice

Keynesian and classical theories agree that:


A) AS is upward sloping in the short-run.
B) AS is vertical in the long-run.
C) sustained AD shocks can also shift AS in the long-run.
D) all of the above.

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