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Please help fast In the AD-AS framework, the simple Keynesian model includes an aggregate supply curve that until the economy reaches its Natural Real GDP.
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"In the AD-AS framework, the simple Keynesian model includes an aggregate supply curve that until the economy reaches its Natural Real GDP." Under what condition will a decrease in total spending lead to an equivalent decrease in Real GDP? When the aggregate supply curve is vertical. When the aggregate supply curve is horizontal, When the economy is producing more than Natural Real GDP When the economy is producing at Natural Real GDPStep by Step Solution
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