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Keynesian Theory Was a Response to the Prevailing

Question 52

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Keynesian theory was a response to the prevailing


A) classical theory that held that the economy could suffer from a period of sustained unemployment.
B) classical theory that held that the economy is self-correcting.
C) monetarist theory that held that the economy is self-correcting.
D) monetarist theory that held that monetary policy should be used to return the economy to its potential output.

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