Solved

If Asked About the Basic Functioning of the Economy,a Keynesian

Question 64

Multiple Choice

If asked about the basic functioning of the economy,a Keynesian economist would state that:


A) markets, especially prices, are able to change quickly.
B) the market tends toward stability and full employment.
C) the market tends toward instability and cyclical unemployment.
D) savings is crucial to growth.
E) the long run is more important than the short run.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions