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Business, 23.11.2019 02:31 chris1848

In our aggregate expenditure model we assume that:
o individual firms’ prices are flexible but the price level is fixed.
o both individual firms’ prices and the price level are flexible.
o both individual firms’ prices and the price level are fixed.
o individual firms’ prices are fixed but the price level is flexible

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In our aggregate expenditure model we assume that:
o individual firms’ prices are flexible b...
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