The Defining Feature of the Keynesian View of Macroeconomics Is

question 97

Multiple Choice

The defining feature of the Keynesian view of macroeconomics is

• A)that the economy is rarely at full employment.
• B)that the economy is self-regulating and always at full employment.
• C)that the quantity of money is the most significant influence on aggregate demand.
• D)that the economy is constantly bombarded by shocks that arise from the uneven pace of technological change.
• E)that no active stabilization is needed to offset changes in aggregate demand.