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Principles of Macroeconomics Study Set 8
Quiz 20: Aggregate Demand and Aggregate Supply: Part A
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Question 41
Essay
Who said about classical economic theory: "the long run is a misleading guide to current affairs.In the long run we are all dead"?
Question 42
Essay
In the aggregate demand and aggregate supply model,the point where the aggregate demand curve crosses the long run aggregate supply curve,and the expected price level equals the actual price level,is known as what?