Multiple Choice
According to Keynesians, an increase in the money supply will have its greatest impact on GDP when the aggregate demand curve intersects:
A) the vertical portion of the aggregate supply curve.
B) the upward sloping portion of the aggregate supply curve.
C) the horizontal portion of the aggregate supply curve.
D) either the upward sloping or the vertical portions of the aggregate supply curve.
E) either the horizontal or vertical portions of the aggregate supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
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