What is a key feature of the Keynesian model regarding prices and wages?

Which statement best contrasts the classical and Keynesian models regarding market self-correction?

What does laissez-faire economics imply about government intervention?

In the Keynesian model, what does the blocked highway metaphor suggest about economic intervention?

What is one method by which government intervention can increase aggregate demand in the Keynesian model?

What is the primary assumption of the classical model regarding prices and wages?

What does the term 'sticky wages' refer to in the Keynesian model?

How do sticky wages affect labor union contracts during economic changes?

In the classical model, how does the metaphor of a busy highway illustrate the self-correcting nature of the economy?

In the classical model, what does the busy highway metaphor suggest about economic recessions?