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    Macroeconomics for Today
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    Exam 9: The Keynesian Model in Action
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    An Economy That Is Operating Below Its Full-Employment Capacity Is
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An Economy That Is Operating Below Its Full-Employment Capacity Is

Question 173

Question 173

Multiple Choice

An economy that is operating below its full-employment capacity is experiencing:


A) Say's Law.
B) unrealizable inflationary expectations.
C) Keynesian aggregate demand.
D) an inflationary gap.
E) a recessionary gap.

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