According to Keynesians, cyclical fluctuations in the level of unemployment are determined by
A) spells of more militant behaviour by trade unions.
B) fluctuations in prices and wages.
C) fluctuations in aggregate supply.
D) fluctuations in aggregate demand for goods and services.
Correct Answer:
Verified
Q102: Which of the following could not be
Q103: If the aggregate supply curve is vertical
Q104: If the interdependence of firms is the
Q105: If the long- run aggregate supply curve
Q106: Keynesians explain cyclical fluctuations in growth in
Q108: According to real business cycle theory, the
Q109: Real business cycle theory explains cyclical fluctuations
Q110: Real business cycle theory explains cyclical fluctuations
Q111: According to real business cycle theory, which
Q112: Real business cycle theory shows the business
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