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The Keynesian AD Curve Differs from the Classical AD Curve

Question 29

Multiple Choice

The Keynesian AD curve differs from the classical AD curve in that:


A) the classical AD curve can shift in response to non-monetary shocks.
B) the Keynesian AD curve can shift in response to monetary shocks.
C) the Keynesian AD curve can shift in response to non-monetary shocks.
D) there is no difference,both are determined by the quantity theory.
E) none of the above.

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