Multiple Choice
The defining feature of the Keynesian view of macroeconomics is
A) that no active stabilization is needed to offset changes in aggregate demand.
B) that the economy is self- regulating and always at full employment.
C) that the economy is constantly bombarded by shocks that arise from the uneven pace of technological change.
D) that the quantity of money is the most significant influence on aggregate demand.
E) that the economy is rarely at full employment.
Correct Answer:

Verified
Correct Answer:
Verified
Q84: We observe an increase in the price
Q85: If real GDP is less than potential
Q86: The quantity of real GDP demanded does
Q87: Use the table below to answer the
Q88: When the actual unemployment rate is equal
Q90: Which one of the following factors will
Q91: The long- run aggregate supply curve is<br>A)vertical.<br>B)negatively
Q92: The economy cannot remain indefinitely with real
Q93: Consider the following events: Event 1: Growth
Q94: Which one of the following is a