Which of the Following Statements Is True

question 11

Multiple Choice

Which of the following statements is true?

• A) Keynes believed wages are inflexible downward but prices (of goods and services)are flexible.
• B) Keynes believed an economy could get stuck in a recessionary gap.
• C) Keynes originated the idea of efficiency wages.
• D) Keynes believed the economy is self-regulating.
• E) b and c

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Definitions:

Verbally Abuse

the act of using words to mistreat or insult another person, often resulting in emotional harm.

Withhold Support

The act of intentionally refraining from providing assistance, endorsement, or resources that could aid someone or something.

Referent Power

An elusive power that is based on interpersonal attraction.

Individualistic

A trait or culture emphasizing the importance and value of the individual over the collective group.