Which of the following is true with respect to Keynesian economic policy?
a. Keynesian economic policy relies on government taxes and adjustments to the money supply to control inflation and unemployment.
b. Keynesian economic policy relies on tax cuts and expenditure increases by government to control inflation and unemployment.
c. Keynesian economic policy uses the money supply to control inflation and unemployment.
d. Keynesian economic policy relies on the generosity of private charities to address the worst effects of economic downturns.
Answer: b
You might also like to view...
Which of the following would be most likely to tolerate a government shutdown to achieve their goals?
A. Tea Party Republicans B. Democratic centrists C. Republican social conservatives D. Republican moderates
Because standard deviation is not easy to interpret, Dr. Mottle uses another standard measure that expresses scores on a frequency distribution in terms of a number of standard deviations from the mean. What is Dr. Mottle using?
A) Z-score B) X-score C) mean score D) standard deviation score
A measure of variation that looks at the upper limit in a distribution minus the true lower limit is?
A. IQR B. range C. variance D. standard deviation
Why has campaign spending increased in the United States?
a. Eliminating restrictions on campaign contributions has made it easier for candidates to raise more money. b. The shift from television advertising to labor-intensive mobilization efforts requires more resources. c. The stakes represented by elections are so high because decisions from the federal government affect every aspect of American social and economic life. d. New campaign finance laws that provide full public financing for all federal candidates has increased the competitiveness of elections since each side is equally matched.