Which of the following is most strongly supported by the keynesian perspective of macroeconomics?
Which of the following statements is most strongly supported by the Keynesian perspective of macroeconomics?
a. Inflation is a trade-off that may need to be accepted in order to achieve lower unemployment.
b. Inflation does not provide any compensatory benefits in terms of reducing unemployment.
c. Greater emphasis should be placed on economic growth and the functioning of labor markets.
d. Changes in unemployment primarily determine shifts in the price level.
3 Answers
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