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9.6 Keynes’ law and say’s law in the ad/as model  (Page 13/15)

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  • Card 13 / 15:
    intermediate zone

    portion of the SRAS curve where GDP is below potential but not so far below as in the Keynesian zone; the SRAS curve is upward-sloping, but not vertical in the intermediate zone

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Practice FlashCards 10 Key Terms 3

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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