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    Principles of Economics Study Set 7
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    Exam 33: Aggregate Demand and Aggregate Supply
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    Keynes Explained That Recessions and Depressions Occur Because of
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Keynes Explained That Recessions and Depressions Occur Because of

Question 337

Question 337

Multiple Choice

Keynes explained that recessions and depressions occur because of


A) excess aggregate demand.
B) inadequate aggregate demand.
C) excess aggregate supply.
D) inadequate aggregate supply.

Correct Answer:

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