Perfect flexible prices are a critical assumption in the
a. classical model.
b. Keynesian model.
c. monetarist model.
d. new Keynesian model.
e. both a and c.
E
Economics
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Contractionary fiscal policy involves decreasing government purchases or increasing taxes
Indicate whether the statement is true or false
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The slope of a horizontal line is infinite, and the slope of a vertical line is zero
a. True b. False Indicate whether the statement is true or false
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