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The Keynesian Macroeconomic Model Was Highly Popular for Several Decades

Question 101

Multiple Choice

The Keynesian macroeconomic model was highly popular for several decades following World War II because it provided an explanation for


A) the strong economic recovery following the end of the war.
B) the high inflation rates of the 1950s.
C) the prolonged unemployment of the 1930s.
D) the high rate of investment during the Great Depression.

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