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Business, 26.06.2020 23:01 timothyashburn8

Keynesian economics: a. emphasizes the possibility that an economy can never be in equilibrium at less than full employment. b. affirms the classical economists' basic premise concerning competitive markets. c. believes that unemployment results when aggregate demand is insufficient to reach a full-employment level of real GDP. d. believes that monopolies and unions tend to be permanent fixtures in our economy and the prices they create tend to be flexible, at least downwardly.

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