John Maynard Keynes disagreed with the classical economists because he assumed that
A. wages and prices adjusted slowly.
B. international trade played a major role in the macroeconomy.
C. government intervention in the economy could not reduce business cycles.
D. unemployment would be eliminated quickly by the invisible hand of the market.
Answer:A
John Maynard Keynes disagreed with the classical economists because he assumed that
A. wages and prices adjusted slowly. B. international trade played a major role in the macroeconomy. C. government intervention in the economy could not reduce business cycles. D. unemployment would be eliminated quickly by the invisible hand of the market.