Solved

According to Keynesian Economists,why Are Prices and Wages Often Inflexible

Question 125

Multiple Choice

According to Keynesian economists,why are prices and wages often inflexible?


A) Because of the existence of large corporations and unions.
B) Because of high unemployment.
C) Because of government regulation of the market.
D) Because the AS curve is vertical.
E) Because the AD curve is horizontal.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions