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vellojo vellojo
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Posts: 2982
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7 years ago
According to the new classical theory, ________ policy changes have no effect on real GDP and according to the new Keynesian theory, ________ policy changes have an effect on real GDP.
A) fiscal; monetary
B) fiscal; fiscal
C) unexpected; expected
D) expected; expected
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
yaderayadera
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Posts: 492
7 years ago
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vellojo Author
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7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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