(Answered) Keynesian economic theory states thata the short run

Economics

Keynesian economic theory states that

A) the short run aggregate supply curve is vertical.

B) many prices, including wages, would not be reduced even when aggregate demand decreased.

C) wages tend to fall more quickly than the over-all price level.

D) the economy naturally self-regulates so as to attain full employment at its equilibrium.

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Macroeconomics, Economics

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