The Keynesian model agrees with monetarists and new classical models about the fact that
A)changes in the money supply drive most changes in aggregate demand.
B)aggregate supply is upward sloping because of differences between actual and expected price levels.
C)changes in aggregate demand drive business cycles.
D)Both b and c
E)None of the above

Question

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The Answer of The Keynesian model agrees with monetarists and new classical models about the fact that
A)changes in the money supply drive most changes in aggregate demand.
B)aggregate supply is upward sloping because of differences between actual and expected price levels.
C)changes in aggregate demand drive business cycles.
D)Both b and c
E)None of the above

The Keynesian Model Agrees with Monetarists and New Classical Models