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
You might also like to view...
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