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The Development Most Responsible for the Wide-Spread Introduction of Macroeconomic

Question 27

Multiple Choice

The development most responsible for the wide-spread introduction of macroeconomic models built upon solid microeconomic foundations was the


A) work of John Maynard Keynes.
B) rational expectations revolution.
C) popularization of supply-side economics.
D) development of the Keynesian coordination failure model.

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