Keynes believed that for aggregate supply to equal aggregate demand at equilibrium GDP a necessary condition was that total _______ and total _______ must be equal.
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Q207: Equilibrium GDP can be depicted graphically as
Q208: Keynesians believe that the two basic cures
Q209: The foreign purchases effect states that when
Q210: The classical theory of the market concluded
Q211: As potential real GDP is approached the
Q213: The flat part of the aggregate supply
Q214: When the economy is operating at full
Q215: According to Keynes,there are three possibilities with
Q216: The vertical part of the aggregate supply
Q217: The classical theory of employment held that
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