Elucidate decrease in aggreage demand will lead to

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If combination of rational expectation and perfectly competitive markets , a decrease in aggreage demand will lead to? A. A small decrease in real GDP B. No change in real GDP C. the largest possible decrease in real GDP D. either and increase or decrease in real GDP, depending on whether expections are rational

Reference no: EM13154457

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Elucidate decrease in aggreage demand will lead to : If combination of rational expectation and perfectly competitive markets , a decrease in aggreage demand will lead to? A. A small decrease in real GDP B. No change in real GDP C.

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