32 Keynesian economists believe that prices are sticky and slow to adjust, from whichthey conclude thata) an increase in savings is the only way to move the economy to fullemployment.b) long-run aggregate supply is the fundamental factor in the economy.c) no matter what factors change, the economy automatically maintains fullemployment.Od) the economy can self-correct without the need for government intervention.Oe government intervention is essential to move the economy back to fullemployment.

The macroeconomic economic theory of total expenditure in the economy and its consequences on…

Keynesian economists believe that prices are sticky and slow to adjust, from which they conclude that O a) an increase in savings is the only way to move the economy to full employment. O b) long-run aggregate supply is the fundamental factor in the economy. Og no matter what factors change, the economy automatically maintains full employment. Od) the economy can self-correct without the need for government intervention. O e) government intervention is essential to move the economy back to full emplovment

Keynesian economists believe that prices are sticky and slow to adjust, from which they conclude that O a) an increase in savings is the only way to move the economy to full employment. O b) long-run aggregate supply is the fundamental factor in the economy. Og no matter what factors change, the economy automatically maintains full employment. Od) the economy can self-correct without the need for government intervention. O e) government intervention is essential to move the economy back to full emplovment

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter20: Monetary Policy

Section20.A: Policy Disputes Using The Self Correcting Aggregate Demand And Supply Model

Problem 3SQP

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