Multiple Choice
Keynesian economists believe that the economy will:
A) return to the full-employment level of output very quickly.
B) return to the full-employment level of output eventually.
C) not return to the full-employment level of output unless the government intervenes.
D) not return to the full-employment level of output unless interest rates increase.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: The short-run aggregate supply curve is drawn
Q51: The long-run level of RGDP changes whenever
Q65: The SRAS curve is _ with real
Q71: Which of the following will not cause
Q74: The short-run aggregate supply curve is positively
Q78: Keynes believed that prices were _ and
Q105: An increase in net exports would lead
Q109: Discuss the impact of efficiency wages on
Q133: Investment will decrease if business taxes _,
Q159: Ben N. Jerry prefers to keep his