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Author Question: During the Great Depression of the 1930s, the aggregate demand curve intersected the aggregate ... (Read 69 times)

rayancarla1

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on: Jun 30, 2018
During the Great Depression of the 1930s, the aggregate demand curve intersected the aggregate supply curve in the:
 a. horizontal portion of the aggregate supply curve.
  b. upward-sloping part of the aggregate supply curve.
  c. vertical portion of the aggregate supply curve.
  d. early years in the horizontal portion, but in the later years in the vertical portion.
  e. early years in the vertical portion, but in the later years in the horizontal portion.

Question 2

Assume the economy is experiencing a recessionary gap. Keynesian economists would support which of the following policies:
 a. Nonstabilization
  b. Expansionary
 c. Nonintervention
  d. Fixed wage


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Galvarado142

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


rayancarla1

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Reply 2 on: Jun 30, 2018
Excellent

softEldritch

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Reply 3 on: Yesterday
Gracias!

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