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According to the New Classical Model, Changes in Aggregate Demand

question 113

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According to the new classical model, changes in aggregate demand change real GDP


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The state or condition of being equal, especially in status, rights, and opportunities.

Efficiency

The optimal allocation of resources in a manner that maximizes output or outcomes.

Equality

The state of being equal, especially in status, rights, or opportunities.

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The assets, both physical and intangible, available to a society or community for the purpose of production, development, and support.

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