If Keynes's Theory Is Correct,wage Rates May Be _______________ in a _____________

question 198

Multiple Choice

If Keynes's theory is correct,wage rates may be _______________ in a _____________ direction which means that the __________ curve will not shift to the __________ to remove the economy from a recessionary gap as it would in a self-regulating economy.

• A) inflexible; downward; AD; right
• B) flexible; upward; SRAS; right
• C) flexible; downward; AD; right
• D) inflexible; upward; SRAS; left
• E) inflexible; downward; SRAS; right

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