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One Implication of the Keynes Quote, "In the Long Run

Question 64

Multiple Choice

One implication of the Keynes quote, "In the long run we are all dead," is:


A) the economy is always in its long-run equilibrium
B) we know with certainty what the long run is
C) the long run is made up of a sequence of short runs
D) there is no difference between the long and short runs
E) there is no short run

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