2. Why is classical AS curve perfectly inelastic and Keynesian AS curve perfectly elastic? Why did economists

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2. Why is classical AS curve perfectly inelastic and Keynesian AS curve perfectly elastic?

Why did economists feel the need for synthesising the classical and Keynesian AS curves?

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Macroeconomics Theory And Policy

ISBN: 9780070091450

3rd Edition

Authors: D.N. Dwivedi

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Question Posted: Nov 07, 2024 04:01 AM

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2. Why is classical AS curve perfectly inelastic and Keynesian AS curve perfectly elastic? Why did economists feel the need for synthesising the classical and Keynesian AS curves?
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2. Why is classical AS curve perfectly inelastic and Keynesian AS curve perfectly elastic? Why did economists

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Macroeconomics Theory And Policy

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