According to Keynesian economic theory, the proper government response to a recession is to
A) maintain a balanced budget.
B) minimize government regulation of the economy.
C) stimulate economic demand by increasing spending.
D) impose price controls to limit inflation.
Correct Answer:
Verified
Q119: Budgetary items that are beyond the ability
Q120: Grants of cash or other commodities to
Q121: According to a massive study by Martin
Q122: When World War II ended, soldiers came
Q123: List and explain the various types of
Q125: List and define the prerequisites for a
Q126: Explain the differences in rewards and punishments
Q127: The biggest source of federal contracts is
Q128: The combination of inflation and economic stagnation
Q129: What are the tools of economic policy?
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