Hi I\'m stuck on this question based off of this page from the cartoon Introduci
ID: 1168950 • Letter: H
Question
Hi I'm stuck on this question based off of this page from the cartoon Introducing Keynesian Economics by Pugh and Garrett.
This is the question and I've posted the cartoon as well:
1. Based on their dancing away in spite of massive unemployment, the ________ economists depicted in the cartoon seemed to be ______ the problems of the great depression.
a. classical---sympthetic to
b. classical--oblivious to
c. Keynesian--well aware of
d. Keynesian--interested in trying new methods of solving
Orthodox 192US eCunoIO OF COURSE THERES UNEMPLOYMENT, BECAUSE VWAGES ARE TOO HIGH SUSTAINED gyfbWERFUL AND BLoODY- MINDED AND THE PRICES ARE ALSO TOO HIGH, HELD UP BY RESTRICTIVE BUSINESS PRACICES. UNIONs! ITS THE SAME OLD TUNE... TED BEE MARKET T ECO D FREEMARKET ECONOMY. l aECONOMY... UNRESTRICTE RICTED RREE MARKET NOMY RICTED NO ECONOMN... UNRESTONO CLICK... CLIck... CICk 0Explanation / Answer
Option c is correct.
Based on the bubbles, it seems that they are well aware of the problems. Also they are talking that there is unemployment which is one of the features of Keynesian economics. Therefore option C is correct.
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