________ originally proposed the use of government spending to stimulate the economy in the 1930s during the Great Depression.
A. Stanley Kuznets
B. John Maynard Keynes
C. Albert Einstein
D. Franklin Delano Roosevelt
Answer: B
You might also like to view...
A price floor is binding when it is set
a. above the equilibrium price, causing a shortage. b. above the equilibrium price, causing a surplus. c. below the equilibrium price, causing a shortage. d. below the equilibrium price, causing a surplus.
Individuals who do harm to others while behaving irresponsibly or negligently would, in most U.S. states, encounter
A. limitation on their civil liability. B. unlimited civil liability. C. total elimination of all civil liability. D. free public provision of a competent defense attorney.
The marginal products of the first, second, and third workers are 20, 12, and 8, respectively. If four workers can produce 45 units of output, then the marginal product of the fourth worker is
A. 4. B. 5. C. 40. D. 45.
Economic analysis assumes that, for each output level, the firm
a. operates at minimum point of its average total cost curve b. operates at minimum point of its long-run average total cost curve c. seeks lowest possible cost of producing that quantity of output d. produces at maximum point of its total revenue curve e. produces at maximum point of its total product curve