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Texas Gateway: 10: Keynes' Law and Say's Law in Aggregate Demand/supply Model

Curated by ACT

By the end of this section, you will be able to do the following: Identify the neoclassical zone, the intermediate zone, and the Keynesian zone in the AD/AS model and Use an AD/AS model as a diagnostic test to understand the current state of the economy.

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Concepts
aggregate demand
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Additional Tags
aggregate supply, ap macroeconomics, aggregate demand/aggregate supply model, keynes' law and say's law in the aggregate demand/aggregate supply model, keynesian zone, texas gateway, neoclassical zone, the intermediate zone
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional