The School of Thought That Assumes That Real GDP Is

question 88

Multiple Choice

The school of thought that assumes that real GDP is determined by aggregate supply, whereas the equilibrium price level is determined by aggregate demand is known as _____.

• A)neoclassical economics
• B)classical economics
• C)new Keynesian economics
• D)Keynesian economics
• E)Marxist economics

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Definitions:

Training Methods

Training methods are diverse techniques or strategies used to impart skills, knowledge, or competencies, including on-the-job training, e-learning, workshops, and simulation.

Performance Aids

Tools or resources used to improve an individual's ability to perform tasks or jobs more efficiently and effectively.

On-the-job Training

On-the-job training involves learning job-specific skills and gaining practical experience in the actual work environment, often under the guidance of experienced colleagues.

Off-the-job Training

Training provided in a setting away from the actual work environment, often involving formal classes, workshops, or e-learning, to teach skills and knowledge that are then applied on the job.