The Keynesian view of economics assumes that:
A. the Keynesian Phillips curve is vertical.
B. wages are sticky.
C. the economy must focus is on long-term growth.
D. economic output is primarily determined by aggregate supply.
Answer:B
The Keynesian view of economics assumes that:
A. the Keynesian Phillips curve is vertical. B. wages are sticky. C. the economy must focus is on long-term growth. D. economic output is primarily determined by aggregate supply.
Explanation: Type: Multiple Choice