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Author Question: Keynes emphasized the idea that wages and prices adjusted very rapidly bringing an economy back to ... (Read 33 times)

gonzo233

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  • Posts: 557
on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


gonzo233

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

meganmoser117

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Reply 3 on: Yesterday
Excellent

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