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    Keynes Did Not Agree with Neoclassical Theory About Prices and Wages
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Keynes Did Not Agree with Neoclassical Theory About Prices and Wages

Question 19

Question 19

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Keynes did not agree with neoclassical theory about prices and wages being flexible,nor did he believe that their adjustment would guarantee full employment.Why is this?

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Keynes saw prices that were "sticky" and...

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