Which of the Following Is True

question 82

Multiple Choice

Which of the following is true?

• A)A recessionary gap can be cured in the long run if prices and wages remain stable.
• B)A recessionary gap can be cured in the short run if prices and wages remain stable.
• C)Recessionary gaps can be avoided if the economy grows fast enough.
• D)Keynes believed that recessionary gaps will correct themselves because prices and wages are flexible.
• E)Keynes believed that recessionary gaps will not correct themselves because prices and wages are not flexible.

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Definitions:

Managers Share

The portion of responsibility or information that managers possess and often distribute among team members to achieve organizational goals.

Facilitator

A person who makes an action or process easy or easier, often in a group or meeting setting.

Discussion

An interactive and structured conversation where ideas, opinions, or issues are exchanged among participants.

Information Sharing

The exchange of data or information between individuals, teams, departments, or organizations.