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Based on the Belief That Prices Are Sticky and Inflexible,Keynesian

Question 110

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Based on the belief that prices are sticky and inflexible,Keynesian economists conclude that


A) the economy is self-correcting and tends toward full employment.
B) savings is a crucial component of economic growth.
C) the long run deserves more focus than the short run.
D) the economy is not self-correcting and can become stuck below full employment.
E) government intervention is never necessary to promote full employment.

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