Keynes Said That Even Should Monetary Impotence Not Occur,full Self-Correction

question 141

Multiple Choice

Keynes said that even should monetary impotence not occur,full self-correction could be short-circuited by

• A)the price level failing to fall sufficiently due to downwardly-rigid wages.
• B)the price level failing to fall sufficiently due to continuously falling wages.
• C)the price level falling too much due to downwardly-rigid wages.
• D)the price level falling too much due to continuously falling wages.