If you were to ask a Keynesian economist for his or her perspective on economic stability,what might he or she say?
A) "The economy tends toward instability and cyclical unemployment."
B) "Episodes of economic downturn are best handled by the market."
C) "The government should not attempt to promote economic stability."
D) "The economy tends toward stability and full employment."
E) "The economy rarely experiences periods of instability and high unemployment."
Correct Answer:
Verified
Q107: Keynesian economists believe that
A) the market tends
Q108: Which of the following economic statements would
Q109: Which of the following economic statements would
Q110: Use the following graph to answer the
Q111: Keynesian economists believe that prices are sticky
Q113: If asked about the basic functioning of
Q114: Use the following graph to answer the
Q115: Which of the following economic statements would
Q116: If prompted to describe fundamental beliefs about
Q117: Which of the following economic statements would
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents