If a Keynesian economist were asked to make a statement about the relationship between the government and the economy,what might he or she say?
A) "Government intervention is the only solution for economic problems."
B) "It is never a good idea for the government to intervene in the economy."
C) "The government's only role is to provide defense and protect property rights."
D) "The government should be primarily concerned with public safety and health."
E) "Government intervention in the economy is sometimes necessary."
Correct Answer:
Verified
Q115: Which of the following economic statements would
Q116: If prompted to describe fundamental beliefs about
Q117: Which of the following economic statements would
Q118: Based on the belief that prices are
Q119: Keynesian economists believe that prolonged recessions are
Q121: Use the following graph to answer the
Q122: Use the following graph to answer the
Q123: Keynesian economists believe that the economy is
Q124: Use the following graph to answer the
Q125: Keynesian economists believe that savings is a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents