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Experience in the 1970's suggested that: A.recessions can be caused by shifts in both short run supply curve and the aggergate demand curve B.keynesian aggergate

Experience in the 1970's suggested that:

A.recessions can be caused by shifts in both short run supply curve and the aggergate demand curve

B.keynesian aggergate demand polocies are the most important poicy tools to address recessions

C.monetary policy is no useful to combat recession

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