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    Macroeconomics Study Set 69
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    Exam 10: Measuring a Nations Income
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    According to Classical Theory, National Income Depends on , While
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According to Classical Theory, National Income Depends on , While

Question 43

Question 43

Multiple Choice

According to classical theory, national income depends on , while Keynes proposed that
Determined the level of national income.


A) aggregate demand; aggregate supply
B) aggregate supply; aggregate demand
C) monetary policy; fiscal policy
D) fiscal policy; monetary policy

Correct Answer:

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