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Author Question: Unlike Classical economists, Keynes believed that the economy could be trapped in a depression and ... (Read 81 times)

chandani

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on: Jun 30, 2018
Unlike Classical economists, Keynes believed that the economy could be trapped in a depression and not return to full employment without government intervention.
 
  Indicate whether the statement is true or false

Question 2

The manner in which a nation's economy reacts when the measured factors are changed affects almost every individual.
 
  Indicate whether the statement is true or false
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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jointhecircus

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Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


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