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  3. Study Set
    Principles of Macroeconomics
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    Exam 2: The Classical View of the Macro-Economy
  5. Question
    In the Neoclassical View of the Macroeconomy, a Temporary Lack
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In the Neoclassical View of the Macroeconomy, a Temporary Lack

Question 10

Question 10

Multiple Choice

In the neoclassical view of the macroeconomy, a temporary lack of demand for all goods and services will lead to


A) inflation.
B) a fall in the price level.
C) an expansion.
D) a recession.

Correct Answer:

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