Keynesian economists would likely argue that the classical model is which of the following?
A) a long-run theory
B) a short-run theory
C) both a long-run and short-run theory
D) a sticky price theory
Correct Answer:
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Q205: Along a short-run aggregate supply curve, which
Q206: The short-run aggregate supply curve in modern
Q207: Keynesian economists argue that
A) prices and wages
Q208: Q209: According to Keynesian economics, if there are Q211: According to Keynesian economics, if there are Q212: The short-run aggregate supply curve in modern Q213: The horizontal portion of the short-run aggregate Q214: John Maynard Keynes developed his economic theories Q215: How does the original, simplified Keynesian model![]()
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