"In the long run,we're all dead" was Keynes' way of saying that
A) intellectual pursuits, like understanding the economy, are unimportant in the scheme of things.
B) no one would appreciate his theories during his lifetime.
C) there is no point in saving for retirement.
D) it is very important to save for one's retirement.
E) none of the above
Correct Answer:
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Q9: Which of the following schools of thought
Q10: The theories of consumption were developed by
A)Friedman
Q11: If the IS curve is relatively steep,then
A)there
Q12: Which of the following statements about Keynes'
Q13: "Effective demand" represents which of the following?
A)money
Q15: In the 1960s,the monetarist school of thought
Q16: Liquidity preference refers to
A)Keynes' name for the
Q17: Liquidity preference refers to the theory of
A)money
Q18: During the 1970s and 1980s,macroeconomists were busy
Q19: The neoclassical synthesis
A)was a name coined by
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