Which school of thought holds that decreases in aggregate demand-09076
Which school of thought holds that decreases in aggregate demand decrease real output but leave the price level largely unaffected?
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.13.
Which school of thought holds that decreases in aggregate demand decrease real output but leave the price level largely unaffected?
Monetarism
New Classical theory
Real Business Cycle theory
Keynesian