The Keynesian Macroeconomic Model States That

Multiple Choice

The Keynesian macroeconomic model states that

A) the economy is inherently unstable and government intervention is required to maintain continued economic growth.
B) markets work efficiently to produce the best macroeconomic outcomes.
C) fluctuations in the quantity of money are responsible for most economic recessions.
D) changes in technology generate business cycles.
E) the economy is fairly stable.