Which of the following statements about Keynes' contribution to macroeconomics is correct? A. Although he published his most important ideas about the economy long before the 1930s, few economists paid attention to Keynes until the Great Depression proved him correct B. Keynes argued that depressions and recessions were almost always caused by changes in the money supply C. Keynes argued that balancing the budget could be an effective way to cure a recession or depression D. All of the above E. None of the above

Which of the following statements about Keynes' contribution to macroeconomics is correct? A. Although he published his most important ideas about the economy long before the 1930s, few economists paid attention to Keynes until the Great Depression proved him correct B. Keynes argued that depressions and recessions were almost always caused by changes in the money supply C. Keynes argued that balancing the budget could be an effective way to cure a recession or depression D. All of the above E. None of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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