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Each of the Following Is Consistent with Keynesian Theory EXCEPT

Question 178

Multiple Choice

Each of the following is consistent with Keynesian theory EXCEPT


A) Sometimes strong government intervention is necessary to end a depression.
B) The expected rate of profit is more important than the interest rate in determining the level of investment in an economy.
C) Our economy always tends toward equilibrium GDP but not necessarily full employment GDP.
D) Flexible wages and prices present in modern economies will end a recession.

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