Question

According to John Maynard Keynes:

a. the economy would automatically adjust to full employment in the long run.
b. aggregate expenditures (demand) can be forever inadequate to achieve full employment.
c. neither aggregate demand nor aggregate supply is a determinant of full-employment real GDP.
d. aggregate output (supply) can be forever inadequate to achieve full employment.

Answer 1

b. aggregate expenditures (demand) can be forever inadequate to achieve full employment.

Step-by-step explanation:

According to John Maynard Keynes aggregate expenditures (demand) can be forever inadequate to achieve full employment.