Macroeconomics, Theories and Policies 2 MCQ: If the aggregate supply curve is perfectly elastic as in the Keynesian model at low level of national incomes, as increase in AD will cause an increase in | Extra Education

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If the aggregate supply curve is perfectly elastic as in the Keynesian model at low level of national incomes, as increase in AD will cause an increase in

Correct Answer: the level of real national output

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WhatsApp+91 99922 70404Macroeconomics, Theories and Policies 2 MCQ: If the aggregate supply curve is perfectly elastic as in the Keynesian model at low level of national incomes, as increase in AD will cause an increase in | Extra Education