Author Question: A Keynesian model that is consistent with fully flexible wages and prices is based upon the notion ... (Read 28 times)

shenderson6 · **on:** Jun 30, 2018

A Keynesian model that is consistent with fully flexible wages and prices is based upon the notion of

A) cooperation failures.
B) coordination failures.
C) collaboration failures.
D) decreasing returns to scale.

Question 2

On the graph above, assuming that G = 0 and NX = 0, the labeled point at which saving is lowest is point ________.

A) A
B) B
C) G
D) H
E) not inferable from the information given