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    Essentials of Economics Study Set 4
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    Exam 11: Aggregate Supply and Demand
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    Unlike the Classical Economists,Keynes Asserted That
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Unlike the Classical Economists,Keynes Asserted That

Question 70

Question 70

Multiple Choice

Unlike the Classical economists,Keynes asserted that:


A) Laissez-faire would lead to macro equilibrium.
B) The economy was inherently unstable.
C) Markets would naturally self-adjust.
D) Wages and prices were flexible.

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