In 2009 general motors (gm) announced that it would reduce employment by 21,000 workers. what does this decision reveal about how gm viewed its marginal revenue product (mrp) and marginal resource cost (mrc)? why didn’t gm reduce employment by more than 21,000 workers? by fewer than 21,000 workers?

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.