Macroeconomic theory that emphasized the theories of Keynes and de-emphasized the classical theory developed as the result of the failure of ?

The National Economy 19/09/2020

A. economic theory to explain the simultaneous increases in inflation and unemployment during the 1970s
B. The classical model to explain the prolonged existence of high unemployment during the Great Depression
C. fine tuning during the 1960s
D. the economy to grow at a rapid rate during the 1950s

Related Mcqs:

    Nominal GNP measures income ?
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    Real GNP is a crude measure of national welfare because it excludes ?
    A. consumption B. investment C. exports D. work in the home...
    Higher export demand __________ output and a higher MPZ __________ output?
    A. reduces, reduces B. reduces, increase C. increase, reduces D. increases, increases...
    Short-run equilibrium output means that aggregate demand __________ actual output?
    A. is less than B. equals C. is greater than D. fluctuates around...
    The multiplier is calculated as___________?
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