It is a true statement that the Keynes law best applies to short time horizons which see fluctuations in total demand.
<h3>What is the
Keynes law?</h3>
The Keynesian economic model is developed to adovate an increased government expenditures (spending) and lowering of taxes for stimulation of demand for getting an economy out of the depression.
The law of Keynesian model states that demand creates its own supply and any changes in aggregate demand will cause changes in real GDP and employment.
In conclusion, the statement that Keynes law best applies to short time horizons which see fluctuations in total demand is true.
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<em>brainly.com/question/26987729</em>
As sue explains to professor klein, in a business process, activities interact to achieve a business function. Different activities of a business need to work with each other to achieve a common goal. If the functions of a business do not align, the end result will likely not happen because each part of the business needs to work together.
Answer:2,728,146,373,648,273,438,956,857,326,726
Explanation: I live on earth
Answer:
There are a few disadvantages of a free market economy.
Explanation:
A free market economy allows individuals to innovate. They have freedom to create new ideas and new products or services for profit. They do not have to follow the government for doing so. This leads to economic growth and expansion of businesses.
The disadvantage created through this system is that this leads to poor working conditions for employees in the companies. Products that are not profitable would not be produced.
For earning huge profits, the quality of the product might be deteriorated. Companies may take unethical decisions just to earn more profits. There would be unhealthy competition.
