Which assumption is the Keynesian model based on? O people can afford a high level of government services. O prices and wages are sticky and do not adjust rapidly. O an increase in productivity will cause the aggregate demand curve to shift to the left. O an increase in input prices will cause the aggregate demand curve to shift to the left.
Which assumption is the Keynesian model based on? O people can afford a high level of government services. O prices and wages are sticky and do not adjust rapidly. O an increase in productivity will cause the aggregate demand curve to shift to the left. O an increase in input prices will cause the aggregate demand curve to shift to the left.
Chapter22: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 16P
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