_____ Emphasized the Importance of Short-Run Effects of Changes in Aggregate

question 185

Multiple Choice

_____ emphasized the importance of short-run effects of changes in aggregate demand on aggregate output,unlike _____,who focused exclusively on the long-run determination of the aggregate price level.

• A) Keynes;the classicists
• B) Monetarists;the classicists
• C) classicists;Keynes
• D) Monetarists;Keynes

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Definitions:

Dendrites

The branched extensions of a neuron that receive signals from other neurons and convey this information to the cell body.

Nerve Cells

Specialized cells that transmit electrical and chemical signals throughout the nervous system.

Synapses

The junctions between neurons through which nerve impulses pass, allowing for communication between the cells.

Neurotransmitters

Chemical messengers that transmit signals across a chemical synapse from one neuron (nerve cell) to another target neuron.