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    Principles of Macroeconomics
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    Exam 17: A Brief History of Macroeconomic Thought and Policy
  5. Question
    Keynes's Theory of Macroeconomics Rejects Classical Macroeconomists' Assumptions That
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Keynes's Theory of Macroeconomics Rejects Classical Macroeconomists' Assumptions That

Question 91

Question 91

Multiple Choice

Keynes's theory of macroeconomics rejects classical macroeconomists' assumptions that


A) prices and wages are flexible.
B) all investment comes from saving.
C) self-correction takes a long time.
D) equilibrium can be achieved below full employment.

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