CFA Practice Question

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CFA Practice Question

The Keynesian school concludes that business cycle fluctuations in real GDP are generally the result of fluctuations in ______.

A. short-run and long-run aggregate supply
B. aggregate demand
C. potential GDP
Correct Answer: B

User Contributed Comments 3

User Comment
To-be-CFA A: Only short-run matters for Keynesian
C: Irrelevant for any theory of school
schweitzdm Keynesian is heavily reliant upon demand-side
abeeman924 The Keynesian view has been right on a lot of topics since the '08 recession. just some food for thought.
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