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A Major Purpose of Keynes's General Theory Was to Explain

Question 70

Multiple Choice

A major purpose of Keynes's General Theory was to explain


A) how a less-than-full employment equilibrium was possible in a capitalist economy.
B) the automatic mechanisms in a capitalist society that generate a high level of employment.
C) how supply creates its own demand.
D) the close interrelationships between the savers and investors in any society.
E) why Marx's predictions about capitalism were inevitable.

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