Which of these is most consistent with the philosophy of Keynesianism?
a. interest rate increases by the Federal Reserve Board
b. congressional action to pay off some of its debt
c. a decision by the Federal Reserve Board to increase the money supply
d. increased spending by Congress for roads, bridges, and other infrastructure
d
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What is Keynesianism and what role has it historically played in the American economy?
What will be an ideal response?
In contrast to regulatory policy, social welfare policy uses positive incentives to promote or encourage basic social fairness
Indicate whether the statement is true or false.
The recognition of the existence of specific groups and granting some share of power in the central government to each is known as ______.
A. primordialism B. nationalism C. consociationalism D. instrumentalism
Chile, Brazil, and Uruguay experienced transitions to democracy in which decade?
A. 1970s B. 1980s C. 1990s