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    The Approach to Understanding the Determination of Real GDP and the Price
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The Approach to Understanding the Determination of Real GDP and the Price

Question 366

Question 366

Multiple Choice

The approach to understanding the determination of real GDP and the price level that emphasizes flexible wages and prices and competitive markets is


A) the classical model.
B) the Keynesian model.
C) Adam Smith's Law.
D) Murphy's Law.

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