What is the title of the John Maynard Keynes's book published in 1936 that challenged the classical self-correction economic theory?
A) In the Long Run, We are Dead.
B) Classical Economics Revised.
C) General Theory of Employment, Interest and Money.
D) A Keynesian Approach to Economic Policy.
Correct Answer:
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Q3: The French economist Jean-Baptiste Say transformed the
Q4: The hands-off view of the classical school
Q5: Keynes placed great primacy on the:
A) production
Q6: The fraction of each added dollar of
Q7: According to Keynes, what is the most
Q9: If people believe inflation is likely to
Q10: If your MPS is 0.60 that means
Q11: Classical economists believed that:
A) the forces of
Q12: A share market boom is often accompanied
Q13: The marginal propensity to consume (MPC) is
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