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Keynesian Macroeconomists Believe That the Time It Takes for Falling

Question 41

Multiple Choice

Keynesian macroeconomists believe that the time it takes for falling wages and prices to eliminate a recessionary gap is __________ enough to say that the economy is __________.


A) long; not self-regulating
B) long; self-regulating
C) short; not self-regulating
D) short; self-regulating

Correct Answer:

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