Keynes thought the Great Depression had been caused by a collapse in ____.
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Q200: Keynes believed
A)lowering wages could cure a depression.
B)the
Q201: Aggregate supply is _.
Q202: The interest rate effect states that _.
Q203: Aggregate demand is _.
Q204: According to the classical economists,if there were
Q206: The _ curve shows how production in
Q207: Equilibrium GDP can be depicted graphically as
Q208: Keynesians believe that the two basic cures
Q209: The foreign purchases effect states that when
Q210: The classical theory of the market concluded
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