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    Exam 11: Aggregate Demand I: Building the Islm Model
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    John Maynard Keynes Wrote That Low Income and High Unemployment
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John Maynard Keynes Wrote That Low Income and High Unemployment

Question 25

Question 25

Multiple Choice

John Maynard Keynes wrote that low income and high unemployment in economic downturns should be blamed on:


A) low levels of capital.
B) an untrained labour force.
C) inadequate technology.
D) low aggregate demand.

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