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Question Practice

What was a key assumption of classical economics that Keynes challenged?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Introduction
Question Bank

What was a key assumption of c...

Single Answer MCQ
Q-00088913

What was a key assumption of classical economics that Keynes challenged?

1

Market failure is common.

2

Unemployment can be persistent.

3

Prices are always flexible.

4

Consumption drives savings.

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