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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 22
Circle the letter that corresponds to the best answer. According to Keynes, our economy always tends toward _______.
A) equilibrium GDP
B) full-employment GDP
C) recessions
D) inflations
A) equilibrium GDP
B) full-employment GDP
C) recessions
D) inflations
Explanation
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Verified
According to the Keynesian theory, the e...
Macroeconomics 11th Edition by Stephen Slavin
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