Also what would happen to the government multiplier under


Suppose, instead of holding prices fixed for the graphs of the Consumption Function, Aggregate Expenditure, and Aggregate Demand & Aggregate Supply, prices were perfectly flexible, as in a classical world. Discuss how these graphs would look different. Also, what would happen to the government multiplier under conditions of perfectly flexible prices.

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Macroeconomics: Also what would happen to the government multiplier under
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