Multiple Choice
According to classical theory, national income depends on ______, while Keynes proposed that ______ determined the level of national income.
A) aggregate demand; aggregate supply
B) aggregate supply; aggregate demand
C) monetary policy; fiscal policy
D) fiscal policy; monetary policy
Correct Answer:

Verified
Correct Answer:
Verified
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Q44: After the Kennedy tax cut in 1964,
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Q46: When drawn on a graph with income
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