From the Keynesian perspective,when during a recession the quantity supplied is greater than the quantity demanded in the market for some goods and services,there is

Question

Quizplus · Accepted Answer

According to Keynesian economics, during a recession, the quantity supplied is greater than the quantity demanded, which implies that there is excess production and inventory. This leads to a decline in real GDP relative to potential GDP, as the economy is operating below its full potential. Therefore, option D is the best choice.

From the Keynesian Perspective,when During a Recession the Quantity Supplied