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    Macroeconomics Study Set 67
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    Exam 13: Business Cycle Models With Flexible Prices and Wages
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    The Yd(IS)curve in the New Keynesian Model Represents Output Demand
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The Yd(IS)curve in the New Keynesian Model Represents Output Demand

Question 66

Question 66

Multiple Choice

The Yd(IS) curve in the New Keynesian model represents output demand at different levels of


A) the price level.
B) the real interest rate.
C) real wage rate.
D) total factor productivity.
E) the nominal wage rate.

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