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Which of the following is NOT an assumption of the classical model?
Q89: Autonomous consumption is<br>A) consumption spending that is
Q129: When a higher price level generates an
Q148: Which of the following will NOT shift
Q159: An example of an aggregate supply shock
Q209: An individual holds $10,000 in a non-interest-earning
Q240: Aggregate demand is<br>A) the horizontal summation of
Q242: The real-balance effect refers to<br>A) the real
Q283: Both the long-run and short-run aggregate supply
Q304: Other things being equal, if energy prices
Q317: Suppose the economy is at an equilibrium