Multiple Choice
Most recessions and depressions
A) are accurately forecasted.
B) usually occur with ample advance warning.
C) cause falling unemployment.
D) occur with little advance warning.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Keynes argued that<br>A)irrational waves of pessimism cause
Q11: Suppose there is a tax increase.To stabilize
Q12: Keynes argued that aggregate demand is<br>A)stable,because the
Q14: Keynes used the term "animal spirits" to
Q16: The Employment Act of 1946 states that<br>A)the
Q17: Figure 34-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 34-9
Q18: If businesses and consumers become pessimistic,the Federal
Q19: Which of the following policies would be
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Q73: Other things the same, automatic stabilizers tend