In the 1970s, which of the following were seen as challenges to the Keynesian model of economic development?
A) a lack of government services
B) high inflation and stagnant economies
C) an anticorporate business climate
D) low interest rates

Question

Quizplus · Accepted Answer

High inflation and stagnant economies were seen as challenges to the Keynesian model in the 1970s, as it was believed that the model could not adequately address these issues. The other options are not directly related to the challenges faced by the Keynesian model at that time.

In the 1970s, Which of the Following Were Seen as Challenges