The Keynesian point of view suggests that
A) supply creates its own demand.
B) demand creates its own supply.
C) the market is always at equilibrium.
D) full employment is the natural result of market forces.
E) wage and price controls can halt deflationary pressures.
Correct Answer:
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Q54: Which of the following is incorrect?
A)As the
Q55: Suppose our economy is in macroeconomic equilibrium
Q56: The aggregate demand curve shows a(n)
A)positive relationship
Q57: Classical economists believed that
A)if saving exceeded investment,prices
Q58: A curve depicting the relationship between the
Q60: Classical employment theory holds that
A)wages are flexible
Q61: The classical macroeconomic model argues that the
Q62: Keynesians tend to believe that
A)laissez-faire policies stabilize
Q63: Aggregate demand will decrease when there are
A)decreases
Q64: 
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