The Keynesian Model Is Basically

question 37

Multiple Choice

The Keynesian model is basically

• A) a long-run theory.
• B) a short-run theory.
• C) a combination of long- and short-run theories.
• D) not a theory about the economy.

---

Definitions:

Weakens

Refers to the decrease or reduction in strength, effectiveness, or value.

C$

C$ refers to the Canadian Dollar, the currency of Canada, symbolized as CAD in the foreign exchange market.

US$

The abbreviation for the United States Dollar, the official currency of the United States of America.

Exchange Rates

The price at which one currency can be exchanged for another.