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    Exam 20: The Is Curve
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    In the Keynesian Framework,as Long as Output Is Below the Equilibrium
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In the Keynesian Framework,as Long as Output Is Below the Equilibrium

Question 1

Question 1

Multiple Choice

In the Keynesian framework,as long as output is below the equilibrium level,unplanned inventory investment will remain negative,firms will continue to ________ production,and output will continue to ________.


A) lower;fall
B) lower;rise
C) raise;fall
D) raise;rise

Correct Answer:

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