Q
Keynesian economics became popular because it was able to explain ?
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A
A. Stagflation in the late 1970s
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B
B. Demand-pull inflation in the 1960s
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C
C. Low growth rates in the 1950s
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D
D. The prolonged existence of high unemployment during the great depression
Correct Answer:
D. D. The prolonged existence of high unemployment during the great depression
