Which of the following decades is known as the Golden Age of Keynesian Economics?
a. The 1930s
b. The 1950s
c. The 1960s
d. The 1970s
e. The 1980s
Question 2
In an oligopoly, the outcome is uncertain because price and output decisions depend on the response of rivals.
a. True
b. False
Indicate whether the statement is true or false