In the Classical model, the price level is determined by
A) aggregate supply.
B) the level of output.
C) the Cambridge k.
D) aggregate demand.

Name: In the Classical model, the price level is determined by A) aggregate supply. B) the level of output. C) the Cambridge k. D) aggregate demand.
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In the Classical model, the price level is determined by aggregate demand, as it is assumed that output is fixed at full employment and prices adjust to equate aggregate demand with this level of output.

In the Classical Model, the Price Level Is Determined by