Which of the Following Statements About the Keynesian View of the Macroeconomy

Multiple Choice

Which of the following statements about the Keynesian view of the macroeconomy is incorrect?

A) Technological change is the most significant influence on both aggregate demand and aggregate supply.
B) To achieve and maintain full employment, active help from fiscal policy and monetary policy is required.
C) Expectations are based on "animal spirits."
D) The money wage rate is extremely sticky in the downward direction so there is no automatic mechanism for eliminating a recessionary gap.
E) Expectations are the most significant influence on aggregate demand.