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The Great Depression Provided Support for Keynes' View That

Question 35

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The Great Depression provided support for Keynes' view that


A) government action was necessary to ensure interest rates remained at the equilibrium level.
B) prolonged periods of unemployment would be present when demand is deficient.
C) falling resource prices would bring the economy out of a recession.
D) lower interest rates would quickly restore the full employment equilibrium of an economy.

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