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Home Q & A Board Other Fields Homework Help Business Economics
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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
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VilaVila
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Helped a lot
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