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In the _______ Range of the Aggregate Supply Curve, Expansionary

Question 88

Multiple Choice

In the _______ range of the aggregate supply curve, expansionary fiscal policy that causes aggregate ______ to increase will lead to a higher price level and a higher equilibrium level of real GDP. ​


A) ​Keynesian, supply
B) ​Classical, demand
C) ​Intermediate, demand
D) ​Intermediate, supply

Correct Answer:

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