Keynes emphasized the idea that wages and prices adjusted very rapidly bringing an economy back to the full employment level of output.
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Q26: Exhibit 23-1 Q27: A given change in disposable income would Q28: Which of the following changes in disposable Q29: Which of the following changes in taxes Q30: Which of the following changes in taxes Q32: A given change in disposable income would Q33: A given change in disposable income would Q34: The marginal propensity to consume (MPC) is Q35: Marginal propensity to save is equal to Q36: Which of the following changes in disposable![]()
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