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    Exam 9: Macroeconomic Viewpoints and Models
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    A Primary Assumption of New Classical Economics Is
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A Primary Assumption of New Classical Economics Is

Question 103

Question 103

Multiple Choice

A primary assumption of new classical economics is:


A) wages and prices are not flexible.
B) an upward sloping aggregate demand curve.
C) over the long run the economy will operate at the natural rate of unemployment.
D) all of the above.

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