The Keynesian revolution was based on the assumption of price and wage ________ and thus the need for an activist ________ policy

A) flexibility, monetary
B) flexibility, fiscal
C) stickiness, monetary
D) stickiness, fiscal

D

Economics

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As this was happening the big financial institutions stopped buying subprime mortages

What will be an ideal response?

Economics

The full employment level of real GDP can be represented on an aggregate supply and demand diagram as a(n):

a. vertical line. b. upward-sloping line. c. horizontal line. d. downward-sloping line.

Economics