Unlike the Classical Economists,Keynes Believed That the Economy Would Automatically

question 107

True/False

Unlike the classical economists,Keynes believed that the economy would automatically adjust to full employment.

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Definitions:

Wealth Against Commonwealth

refers to the concept or situation where an individual's or a small group's wealth is accumulated at the expense of the wider community's wellbeing.

Utopian Novel

A genre of literature that explores ideal societies or perfect communities, often as a critique of existing social conditions.

Cooperative Society

An organization owned and operated by a group of individuals for their mutual benefit.