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-Refer to Exhibit 16-3

Question 107

Multiple Choice

-Refer to Exhibit 16-3.The economy is at point C.If a decrease in aggregate demand is correctly anticipated in the short run,new classical theory would predict A) no movement from point C. B) immediate movement to point C'. C) immediate movement to point B. D) immediate movement to point A.
-Refer to Exhibit 16-3.The economy is at point C.If a decrease in aggregate demand is correctly anticipated in the short run,new classical theory would predict


A) no movement from point C.
B) immediate movement to point C'.
C) immediate movement to point B.
D) immediate movement to point A.

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