According to Keynes, involuntary unemployment is possible because of
A) the existence of capital markets.
B) long-term labor contracts and the existence of labor unions.
C) government interference in the market economy.
D) inflation.
B
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For the Fall semester, you had to pay a nonrefundable fee of $600 for your meal plan, which gives you up to 150 meals. If you eat 100 meals, your average cost for a meal is:
A. $5. B. $4. C. $0.25. D. $6.
Consumer Financial Protection Bureau (CFPB) established 2010 ?
A basic conclusion of Keynesian analysis is that
A. Small macro disturbances can lead to much larger macro problems. B. The economy self-adjusts to reach full employment and a stable price level. C. Equilibrium GDP is consistent with price level stability. D. Equilibrium GDP is consistent with full employment.
Is it possible that trade could prevent the development of new and more efficient industries?
What will be an ideal response?