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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
  5. Question
    Related to the Economics in Practice on P
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Related to the Economics in Practice on P

Question 142

Question 142

Multiple Choice

Related to the Economics in Practice on p. 227: In the simple "Keynesian" view, the economy has a


A) clearly defined capacity.
B) set price level.
C) downward sloping aggregate supply curve.
D) horizontal aggregate demand curve.

Correct Answer:

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