Solved

Keynesian Economists Believe That Prices Are Sticky and Do Not

Question 111

Multiple Choice

Keynesian economists believe that prices are sticky and do not adjust quickly,from which they concluded that


A) the long run deserves more focus than the short run.
B) savings is a crucial component of economic growth.
C) the most important determinant of economic growth is long-run aggregate supply.
D) government intervention is sometimes necessary to promote full employment.
E) government intervention is never necessary to promote full employment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents