Which of the following is false?
A) The classical economists relied on market forces to create full employment.
B) Keynes advocated an active government role for curing a recession.
C) Keynes suggested that full employment was a "rare and short-lived occurrence."
D) The classicals believed demand created its own supply.
Correct Answer:
Verified
Q184: Keynes believed
A)increases in investment expenditures are due
Q185: Consumption is a function of _.
Q186: Keynes stated that the amount of savings
Q187: What economic events enabled most countries to
Q188: Which one of the following does NOT
Q190: The classical school
A)was the dominant school of
Q191: The United States and most other countries
Q192: Which of the following is true?
A)Keynes asked
Q193: The classicals said that recessions are _
Q194: In both the Keynesian and classical economic
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