Business, 24.01.2020 07:31 vett072804

An important similarity between the keynesian model and the ad/as model is that:

a. in both models, prices change when there is a change in spending.

b. both models allow for government intervention in the short run.

c. both models predict that the economy will move towards full employment automatically.

d. in both models, the price level stays constant when there is a change in spending.

e. in both models real gdp stays constant when there is a change in spending.

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An important similarity between the keynesian model and the ad/as model is that:

a. in...

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