The Keynesian AD curve differs from the classical AD curve in that: a

The Keynesian AD curve differs from the classical AD curve in that:

a. the classical AD curve can shift in response to non-monetary shocks.
b. the Keynesian AD curve can shift in response to monetary shocks.
c. the Keynesian AD curve can shift in response to non-monetary shocks.
d. there is no difference, both are determined by the quantity theory.
e. none of the above.

 

ANSWER

C

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