3. Claire goes to the Saturday market to buy apples (A) and tomatoes (T). Her utility for these two goods is U(A, T) = 3A3T. She has $12 to spend. a. Claire expects to buy apples for $4 a pound and tomatoes for $3 a pound. How much of each of these two goods should she plan to buy?

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.