According to the view of the classical economists, there should have been a movement down the AD

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According to the view of the classical economists, there should have been a movement down the AD curve during the 1930s. Explain why this type of movement would require a shifting SAS curve. Did the SAS curve shift during the Great Depression in the way expected by the classical economists?
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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