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_____ Emphasized the Importance of Short-Run Effects of Changes in Aggregate

Question 185

Multiple Choice

_____ emphasized the importance of short-run effects of changes in aggregate demand on aggregate output,unlike _____,who focused exclusively on the long-run determination of the aggregate price level.


A) Keynes;the classicists
B) Monetarists;the classicists
C) classicists;Keynes
D) Monetarists;Keynes

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