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Economics

Answer whether the following statements are true or false, explaining your answer in each case.

A. Gross national product at current prices is a measure of real economic activity.

B. The Keynesian model suggests that output is mainly demand-determined.

C. Unplanned inventory changes are the signal to firms that there is disequilibrium.

D. The multiplier in our simple model tells us how much output changes when aggregate demand shifts

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9164675

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