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QUESTION
Modern Keynesians differ from traditional Keynesians because modern Keynesians?A. Believe that
Modern Keynesians differ from traditional Keynesians because modern Keynesians?
A. Believe that
monetary policy can be useful in managing the economy.
B. Favor fixed rules and steady, predictable policies.
C. Believe that failures of the economy are inherent in a capitalist economy.
D. Believe that tax cuts and government spending should be used to increase aggregate demand and output.
