"within the keynesian aggregate expenditure-output model, if an economy operates below full employment": a. the economy may remain below full employment unless aggregate expenditures increase. b. an increase in the real interest rate will soon restore full-employment equilibrium. c. a reduction in wage rates and resource prices will soon restore full-employment equilibrium. d. a reduction in the real interest rate will soon restore full-employment equilibrium.
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Category: mechanicalengineering | Author: Torquil Vilhelm
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