Answer the questions about Keynesian theory, market economics, and government policy.
Keynes believed that there were "sticky" wages and that recessions are caused by
A. decreases in aggregate demand (AD).
B. increases in unemployment.
C. increases in prices.
D. decreases in supply.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Answer the questions about Keynesian theory, market economics, and government policy. Keynes believed that there were "sticky" wages and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is the correct classification for the aggregate demand model? A. gross national product B. microeconomics C. federal reserve system D. macroeconomics
Answers (1)
During the next production period the labor-hours available are 450 in department A, 350 in department B, and 50 in department C. The profit contributions per unit are $25 for product 1, $28 for product 2, and $30 for product 3. a.
Answers (1)
group of winning ticket holders share equally in a $35 comma 000 comma 000 lottery. Before the money is divided, two more winning ticket holders are declared. As a result, each person's share is reduced by $2 comma 000 comma 000.
Answers (1)
Fisher Company has 1,000,000 share of common stock with a par value of $10. Additional paid-in capital totals $10,000,000 and retained earnings is $12,000,000. The directors declare a 6% stock dividend when the market value is $5.
Answers (1)
Scranton Shipyards has $20 million in total investor-supplied operating capital, and its WACC is 10%. Scranton has the following income statement: Sales $10.0 million Operating costs 6.0 million Operating income (EBIT) $ 4.
Answers (1)
New Questions in Business
Darius is considering buying new bedroom furniture. Naturally, he compares several types of beds, dressers, and bedside tables, but he also is evaluating each product's reputation, warranty, his own experience with the brand and, of course, the
Answers (1)
If Canada has a surplus of paper products produced but its consumers demand more cleaning solutions, and the US has an abundance of cleaning solutions but consumers are demanding more paper products, how would trade benefit both countries?
Answers (1)
Recording Standards in Accounts The Assembly Department produced 5,000 units of product during March. Each unit required 2.20 standard direct labor hours.
Answers (1)
Jennifer's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a market price of $41 a share. Neither firm has any debt. Sally's is acquiring Jennifer's for $58,000 in cash.
Answers (1)
Why are protective tariffs considered negative? They cause imports increase. They cause imports to decrease. Countries usually raise tariffs in retaliation. Exports often decrease. They cause people to buy more goods produced by their home country.
Answers (1)