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    Macroeconomics Principles Study Set 1
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    Exam 9: Aggregate Demand and Supply
  5. Question
    In the Keynesian Model, the Price Level Is _____; in the Aggregate
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In the Keynesian Model, the Price Level Is _____; in the Aggregate

Question 267

Question 267

Multiple Choice

In the Keynesian model, the price level is _____; in the aggregate demand and supply model, the price level is _____.


A) fixed; fixed
B) fixed; flexible
C) flexible; fixed
D) flexible; flexible

Correct Answer:

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