Unlike the Classical Economists,Keynes Asserted That

question 100

Multiple Choice

Unlike the classical economists,Keynes asserted that

• A)The economy was inherently unstable.
• B)Laissez faire policies would lead to macro equilibrium.
• C)Prices and wages were flexible.
• D)Markets would naturally self-adjust.

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Definitions:

Afro Hairstyle

A hairstyle characterized by a natural, large, rounded shape of curly hair that became a symbol of pride and cultural identity among African Americans during the 1960s.

Racial Identities

The categorization of individuals into groups based on shared ancestral, social, and cultural heritage, often connected to physical traits.

Assimilation

The process by which individuals or groups adopt the culture and practices of another group, often losing their original identity.

Unofficial Anthem

A song that, while not officially designated by a government, is widely recognized and serves as a symbol or emotional anthem for a country, group, or movement.