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The Basic Keynesian Model Assumes That,in the _______,Producers Sell Whatever

Question 2

Multiple Choice

The basic Keynesian model assumes that,in the _______,producers sell whatever is demanded at _______ prices.It,therefore,assumes that the price level is constant and the inflation rate is _______.


A) short run;preset;zero
B) short run;preset;low
C) long run;preset;zero
D) medium run;preset;zero
E) short run;variable;zero

Correct Answer:

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