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One of Keynes' Most Profound Insights Was That

Question 23

Multiple Choice

One of Keynes' most profound insights was that


A) markets allocate resources efficiently, as if by an invisible hand
B) comparative advantage allows all nations to gain from trade
C) capitalists exploit workers by paying them less than the total value of what they produce
D) the same factor that drives long run growth-technological change-also causes business cycles
E) the economy can achieve an equilibrium below its capacity

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