Keynesian economists believe that more focus should be placed on aggregate demand than aggregate supply because
A) savings is a crucial part of economic growth and investment.
B) prices are flexible and allow the economy to quickly return to full employment.
C) governments can promote full employment by stimulating aggregate demand.
D) the long run is more important than the short run,and economic policy works only in the long run.
E) the economy tends to be stable and at full employment.
Correct Answer:
Verified
Q123: Keynesian economists believe that the economy is
Q124: Use the following graph to answer the
Q125: Keynesian economists believe that savings is a
Q126: Use the following graph to answer the
Q127: Keynesian economists believe that government intervention in
Q129: Monetary policy is
A) the set of laws
Q130: Aside from what occurred with the Great
Q131: Aside from what occurred with the Great
Q132: Use the following graph to answer the
Q133: The graph below suggests a housing price
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