Which of the Following Statements Is False

question 116

Multiple Choice

Which of the following statements is false?

• A) Keynes believed that monopolistic elements in the economy will prevent immediate price declines.
• B) Keynes believed that during periods of high unemployment,labor unions will prevent wages from falling fast enough to restore full employment.
• C) Keynes believed that interest rate flexibility will ensure that saving is equal to investment.
• D) Keynes did not believe in Say's law.

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The buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Internet

A global network of computers that provides a wide range of information and communication facilities, including access to websites and other services.

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