If the sum of individual and collective decisions leads to a level of output, prices, and employment that most people do not find satisfactory, Keynesians believe that __________. Group of answer choices a. market forces will automatically and quickly correct mistaken decisions b. this outcome may persist because corrective market forces are ineffective c. government intervention will make things worse, so the role of government should be minimized d. government intervention is not necessary because market forces, although slow, move in the right direction

• this outcome may persist because corrective market forces are ineffective

Explanation:

Keynesians argue that economies do not stabilize themselves, rather, they require government intervention in order to boost demand in the economy. Keynesians argue that market forces when left to correct an inefficiency, will lead to panics and further economic depression. According to Keynes, free markets have no self-balancing mechanisms which would lead to full employment which justifies the need for government intervention when decisions cause negative impact on output, employment and prices.