Keynesian macroeconomists recommend
A) policies that actively offset the changes in long- run aggregate supply that result in negative economic growth.
B) policies that minimise the disincentive effects of taxes on employment, investment and technological change.
C) policies that actively offset the changes in aggregate demand that bring recession.
D) an increase in the quantity of money to offset decreases in aggregate demand and a decrease in the quantity of money to offset increases in aggregate demand.
Correct Answer:
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Q14: The AS/AD model studies the relationship between
A)the
Q15: Q16: The short- run aggregate supply curve shifts Q17: Which of the following statements is FALSE? Q18: An aggregate supply curve depicts the relationship Q20: The long- run aggregate supply (LAS)curve Q21: Which of the following statements is INCORRECT? Q22: Inflation occurs over time as a result Q23: Which of the following increases aggregate demand Q24:
A)Taxes
A)has a
A)A
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