Business, 18.02.2020 05:26 melissalopez12

How did Keynes propose to solve the problem of high unemployment?

a. Allow wages to decline, so that firms will want to hire more workers.
b. Increase the growth rate of the money supply.
c. Put on wage and price controls, so wages won't rise and firms won't have to lay people off to cut costs.
d. Have the government increase its demand for goods and services.

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How did Keynes propose to solve the problem of high unemployment?

a. Allow wages to dec...

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