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    Exam 11: Classical and Keynesian Macro Analyses
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    According to the Classical Model, Investment
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According to the Classical Model, Investment

Question 232

Question 232

Multiple Choice

According to the classical model, investment


A) is a function of real GDP.
B) is a function of the nominal GDP.
C) is inversely related to the interest rate.
D) is influenced by the money illusion at low income levels.

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