Question 1
According to Keynes, the level of employment is determined by
◦ flexible wages and prices.
◦ interest rates.
◦ price and wages.
◦ the level of aggregate demand for goods and services.
Question 2
The concept of "market clearing" is adopted and defended by
◦ Keynesian economists.
◦ Classical economists.
◦ fine-tuning economists.
◦ demand-side economists.