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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 41
Circle the letter that corresponds to the best answer. Keynes said _______.
A) the expected profit rate was more important than the interest rate
B) the interest rate was more important than the expected profit rate
C) the expected profit rate and the interest rate were equally important
D) neither the expected profit rate nor the interest rate was important
A) the expected profit rate was more important than the interest rate
B) the interest rate was more important than the expected profit rate
C) the expected profit rate and the interest rate were equally important
D) neither the expected profit rate nor the interest rate was important
Explanation
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Given that option (b) is the interest ra...
Macroeconomics 11th Edition by Stephen Slavin
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