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  3. Study Set
    Principles of Macroeconomics Study Set 12
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    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
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    Related to the Economics in Practice on P
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Related to the Economics in Practice on P

Question 94

Question 94

Multiple Choice

Related to the Economics in Practice on p. 227: In the simple "Keynesian" view, maximum output is not defined by the


A) existing labor force.
B) current capital stock.
C) existing state of technology.
D) level of consumption.

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