Keynes Thought That One Macroeconomic Problem Is That

question 8

Multiple Choice

Keynes thought that one macroeconomic problem is that

• A)the potential and equilibrium levels of output can be the same
• B)the equilibrium level of output can never be equal to the potential level
• C)over time,the potential level of output may be pulled down to the equilibrium level
• D)the potential level of output can fall below the equilibrium level
• E)the equilibrium level of output can fall below the potential level

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