Keynesian Economists Would Likely Argue That the Classical Model Is

question 13

Multiple Choice

Keynesian economists would likely argue that the classical model is which of the following?

• A) a long-run theory
• B) a short-run theory
• C) both a long-run and short-run theory
• D) a sticky price theory

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Definitions:

Appendicular Skeleton

The portion of the skeletal system that includes the limbs and the girdles (shoulder bones and pelvic bones) that connect them to the axial skeleton.

Pectoral Girdle

The structure that attaches the arms to the axial skeleton.

Pelvic Girdle

The structure that attaches the legs to the axial skeleton.

Second Cervical Vertebra

Also known as the axis, it is a bone in the neck that allows the head to rotate.