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Chapter 12 Keynesian Business Cycle Analysis: NonMarketClearing Macroeconomics - PowerPoint PPT Presentation

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Chapter 12 Keynesian Business Cycle Analysis: NonMarketClearing Macroeconomics

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A price taker considers the market price as given. A price setter has some power to set price. ... a situation in which all buyers and sellers are price takers. ... – PowerPoint PPT presentation

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