Solved

Which of the Following Statements Best Characterizes the Keynesian View

Question 57

Multiple Choice

Which of the following statements best characterizes the Keynesian view of business cycles?


A) Fluctuations in business activity occur in regular and predictable patterns that cannot be altered.
B) Fluctuations in business activity are to be expected and should be accepted just as changes in the seasons are accepted.
C) Business cycles are symptoms of underlying problems and should be dealt with through activist government policies.
D) The appropriate macroeconomic policy can easily eliminate all fluctuations in business activity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents