Multiple Choice
Figure 7-5
-In Figure 7-5 above,from initial point A,suppose AD₀ shifts to AD₁.Under the assumptions of classical macroeconomics,we would
A) stay at point A.
B) almost immediately move to and then stay at point B.
C) almost immediately move to and then stay at point C.
D) almost immediately move to and then stay at point E.
Correct Answer:
Verified
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