Activists believe that ________.
A)frictions to the self-correcting mechanism of markets prevent prices and wages from being very flexible
B)it takes a very long time to reach the long run
C)Keynes was right with his statement "in the long-run,we are all dead"
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

All of the choices reflect views that are consistent with Keynesian economics, which emphasizes the limitations of markets to self-correct in the short run and the practical implications of economic policies over different time horizons.

Activists Believe That ________