Business, 29.02.2020 04:40, kylieweeks052704

Drag the correct word/phrase to each sentence. The is equal to 1 divided by 1-MPC. If the MPC is equal to 0.80, the multiplier is equal to . If the aggregate supply curve is kinked at the Natural Real GDP level (in other words, if it has a horizontal section up until Natural Real GDP and then a vertical section at Natural Real GDP), then an increase in aggregate demand within the vertical section of the curve will lead to a (an) price level and no change in . In the simple Keynesian model, the price level remains constant until Natural Real GDP is reached. a. True or b. false

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Drag the correct word/phrase to each sentence. The is equal to 1 divided by 1-MPC. If the MPC is equ...