Which of the following solutions would a Keynesian economist suggest to avoid turning the recession of the late 20s into the depression of the 30s?
A) Balance the federal budget
B) Decrease the available of unemployment compensation
C) Decrease the interest rate
D) Decrease government spending
Correct Answer:
Verified
Q63: Aggregate demand will decrease when there are
A)decreases
Q64: Q65: Keynesians tend to believe that Q66: Keynes thought that the major economic reason Q67: The foreign purchases effect suggests that a![]()
A)laissez-faire policies stabilize
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