Keynesian Macroeconomic Theory Has Been Summarized as the Idea That

question 10

Multiple Choice

Keynesian macroeconomic theory has been summarized as the idea that

• A)supply creates its own demand.
• B)demand creates its own supply.
• C)demand quickly adjusts in order to accommodate changes in the quantity of output.
• D)full employment is assured in long-run equilibrium.
• E)full employment is assured in short-run equilibrium.

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