Which of the Following Is FALSE? Keynesian Economics

question 225

Multiple Choice

Which of the following is FALSE? Keynesian economics:

• A)emphasizes that factors other than the money supply can affect aggregate demand.
• B)provides the rationale for macroeconomic policy activism.
• C)emphasizes short-run economic fluctuations.
• D)emphasizes long-run fluctuations.

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Definitions:

Fearless

Lacking fear, bold or brave in the face of potential danger or pain.

Remorse

A deep regret or guilt for a wrong committed.

Antisocial Personality

A disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.

Irresponsible

Showing a lack of care for the consequences of one's actions, often leading to harm or risk for oneself or others.