The Keynesian approach assumes that A) the economy is ...

[magmichele12]

The Keynesian approach assumes that
 
  A) the economy is self-regulating. B) there is no unemployment in the economy.
  C) the price level is fixed. D) the government budget is always in deficit.

Question 2

The price of a given basket of goods in Year 1 was 1,300. The price of the same basket of goods in Year 2 was 1,560. The consumer price index for Year 2 taking Year 1 as the base year is ________.
 
  A) 120 B) 156 C) 100 D) 101

[LVPMS]

Answer to Question 1

C

Answer to Question 2

A

[magmichele12]

Thanks for the timely response, appreciate it

[kthug]

YES! Correct, THANKS for helping me on my review