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Darya [45]
3 years ago
7

According to Keynesian theory, which of the following is not true at each short-term macro equilibrium?

Business
1 answer:
Alex787 [66]3 years ago
6 0

Answer:

All macroeconomic goals are achieved.

Explanation:

All macroeconomic goals should be achieved in the long term macro equilibrium.

On the long term macro equilibrium, real GDP should be equal to potential GDP. This is all theoretical since there is no real possibility that the potential GDP is ever equal to the real GDP. There will always be at least one economic actor that is not being 100% efficient, so potential GDP is unreachable.

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The difference between the money made from selling an output and the price of all the inputs plus any opportunity costs is what is known as an economic profit or loss. By deducting potential costs and explicit costs from generated revenue, economic profit is calculated.

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1 year ago
Question 13 What is the value of Country 2's net exports?
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3 years ago
You are working at a firm that specializes in fraud examinations on behalf of clients. think of a specific example when your fir
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4 years ago
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