Multiple Choice
According to John Maynard Keynes' General Theory of Employment,Interest and Money,the government should _____ in order to get an economy out of a depression.
A) increase spending
B) decrease spending
C) reduce subsidies
D) increase taxes
E) allow the economy to correct itself
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The laissez-faire approach popular before the Great
Q2: The figure below shows the aggregate demand
Q4: The figure below shows the aggregate demand
Q5: An example of a stock variable in
Q6: Economists use the price index to eliminate
Q7: The figure below shows the aggregate demand
Q8: An increase in wage rate,other things constant,shifts
Q9: Which of these is a likely impact
Q10: Which of these economic changes was observed
Q11: The concept of "invisible hand" introduced by