According to the Keynesian model,
A. wages are flexible because workers wouldn't otherwise be able to keep their jobs.
B. the price level is somewhat fixed due to social forces, which keeps an economy from remaining at an equilibrium level of unemployment.
C. the government puts price controls on the economy, keeping the price level fixed.
D. prices are subject to significant fluctuations as demand and supply change.
Answer: B
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If e = 0.15, c = 0.07, and H = 140, the quantity of deposits at full multiplier expansion is
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