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Author Question: Keynes emphasized the idea that wages and prices adjusted very rapidly bringing an economy back to ... (Read 60 times)

gonzo233

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Keynes emphasized the idea that wages and prices adjusted very rapidly bringing an economy back to the full employment level of output.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The higher the level of inflation, the stronger the impact of reductions in the personal income tax on real GDP .
 a. True
  b. False
  Indicate whether the statement is true or false



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yifu223

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Answer to Question 1

False

Answer to Question 2

False




gonzo233

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


LVPMS

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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