In the Keynesian Model in Which the Keynesian Short-Run Aggregate

question 124

Multiple Choice

In the Keynesian model in which the Keynesian short-run aggregate supply curve exists

• A) the short-run aggregate supply curve determines real GDP.
• B) the aggregate demand curve determines the price level.
• C) unemployment cannot persist for long periods of time.
• D) aggregate demand determines real GDP per year.

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