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sgy_89 sgy_89
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6 years ago
According to the Keynesian model, if the economy is initially operating at full employment, a reduction in aggregate demand will lead to a lower price level.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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sgy_89 Author
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Thanks for your help!!
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Brilliant
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