Which of the following is most strongly supported by the Keynesian perspective of macroeconomics?
A. inflation is a price that might have to be paid to achieve lower unemployment
B. inflation offers no offsetting gains in terms of higher unemployment
C. more emphasis on economic growth and how labor markets work
D. shifts in unemployment primary determine changes in the price level
Answer:A
Which of the following is most strongly supported by the Keynesian perspective of macroeconomics?
A. inflation is a price that might have to be paid to achieve lower unemployment B. inflation offers no offsetting gains in terms of higher unemployment C. more emphasis on economic growth and how labor markets work D. shifts in unemployment primary determine changes in the price level
Explanation: Type: Multiple Choice Category: Evaluate