Multiple Choice
Which of the following did Keynes think was a macroeconomic problem?
A) The potential level of output and the equilibrium levels of output can be the same.
B) The equilibrium level of output can never be equal to the potential level of output.
C) Over time, the potential level of output may be pulled down to the equilibrium level of output.
D) The equilibrium level of output can fall below the potential level of output.
Correct Answer:

Verified
Correct Answer:
Verified
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