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Excess & Deficient Demand · Question 7 of 53

Question 7

MediumOriginal question

Which kind of unemployment does Keynesian policy to raise aggregate demand aim to remove?

Options for question 7

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. More demand creates jobs for people who want work at the going wage but cannot find it.

Concept
What demand policy targets
Typical time
70 s
Your time
—
The rule this testsFull employment and involuntary unemployment
Practise this chapter →

Ten questions from Excess & Deficient Demand, at your own pace.

Practise this chapter →

Ten questions from Excess & Deficient Demand, at your own pace.