The Keynesian view stresses that:
A)demand creates its own demand.
B)there is direct relationship between consumer spending and disposable income.
C)when aggregate expenditures (demand)can be forever less than full-employment output therefore prolonged unemployment will persist.
D)all of these are true.

Question

Quizplus · Accepted Answer

The Keynesian view stresses that demand creates its own demand, there is a direct relationship between consumer spending and disposable income, and when aggregate expenditures (demand) can be forever less than full-employment output, therefore prolonged unemployment will persist.

The Keynesian View Stresses That