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    Macroeconomics Study Set 40
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    Exam 12: U.S. Inflation, Unemployment, and Business Cycle
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    An Unexpected Decrease in Aggregate Demand Will Trigger a Recession
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An Unexpected Decrease in Aggregate Demand Will Trigger a Recession

Question 427

Question 427

Multiple Choice

An unexpected decrease in aggregate demand will trigger a recession in the theory of the business cycle.


A) new classical cycle
B) new Keynesian cycle
C) Keynesian cycle
D) Both answers A and B are correct.

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