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QUESTION 4 Which of the following is true with respect to the classical macro model? A . Nominals affect nominals and reals donot affect anything.
QUESTION Which of the following is true with respect to the classical macro model? A Nominals affect nominals and reals donot affect anything. B Unemploymed resources are "idle" or in surplus because their price is too high. C The interest rate is a purely nominal variable D The foundation for effective supply is constituted in a former source of demand.O E Prices should move to correct supply imbalances only.
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