Keynesian economists believe that prices are sticky and slow to adjust, from which they conclude that O a) an increase in savings is the only way to move the economy to full employment. O b) long-run aggregate supply is the fundamental factor in the economy. Og no matter what factors change, the economy automatically maintains full employment. Od) the economy can self-correct without the need for government intervention. O e) government intervention is essential to move the economy back to full emplovment

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Keynesian economists believe that prices are sticky and slow to adjust, from which
they conclude that
a) an increase in savings is the only way to move the economy to full
employment.
b) long-run aggregate supply is the fundamental factor in the economy.
c) no matter what factors change, the economy automatically maintains full
employment.
Od) the economy can self-correct without the need for government intervention.
Oe government intervention is essential to move the economy back to full
employment.
Transcribed Image Text:Keynesian economists believe that prices are sticky and slow to adjust, from which they conclude that a) an increase in savings is the only way to move the economy to full employment. b) long-run aggregate supply is the fundamental factor in the economy. c) no matter what factors change, the economy automatically maintains full employment. Od) the economy can self-correct without the need for government intervention. Oe government intervention is essential to move the economy back to full employment.
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