Multiple Choice
The main ideas of Keynesian economics are the importance of the _____ and emphasis on _____.
A) long run over the short run; a vertical SRAS curve
B) long run over the short run; the AD curve and the SRAS curve
C) short run over the long run; the AD curve and a rising SRAS curve
D) free market with no government intervention; monetary policy in the long run
Correct Answer:

Verified
Correct Answer:
Verified
Q35: Which school of thought believes that fiscal
Q36: The Great Moderation consensus was shattered by:<br>A)
Q37: Milton Friedman was a leader and major
Q38: If wages and prices are perfectly flexible,
Q39: According to some economic historians, the first
Q41: Which year is often described as the
Q42: The beginning of a recession is declared
Q43: According to supply-side economics, tax cuts:<br>A) cause
Q44: Use the following to answer questions: <img
Q45: According to the classical model of the