Which of the following policy statements would a Keynesian economist tend to support?
A) The government should encourage savings as a means of promoting economic growth.
B) The government should never intervene in the economy.
C) The government should intervene in the economy to promote full employment.
D) The government should intervene in the economy only when aggregate supply changes.
E) The government should focus on long-run aggregate supply,not aggregate demand.
Correct Answer:
Verified
Q96: If asked about the basic functioning of
Q97: When stock prices declined during the Great
Q98: When describing how the economy works,classical economists
Q99: Classical economists believe that prices are completely
Q100: If a classical economist were asked which
Q102: Which of the following policy statements would
Q103: Based on the belief that prices are
Q104: Use the following graph to answer the
Q105: According to classical economists,changes in aggregate demand
Q106: When considering the basic operations of the
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