During the 1940s, 1950s, and 1960s:
A) the role of the government in the economy increased.
B) the role of the government in the economy decreased.
C) Keynes's ideas were constantly challenged by free-market policies.
D) Keynes's views were accepted only by left-wing socialist economists.
Correct Answer:
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Q37: Use the following to answer questions:
Q38: Use the following to answer questions:
Q39: The beginning of a recession is declared
Q40: The economist that warned that any attempt
Q41: According to Keynesian economics, a tax cut
Q43: The main ideas of Keynesian economics are
Q44: According to Keynes, the remedy for a
Q45: Keynesian economics emphasized the:
A) role of money.
B)
Q46: Macroeconomic policy activism:
A) is the use of
Q47: The idea of sticky wages and prices
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