A neoclassical critic of Keynesianism would be most likely to make which of these arguments?
a. Economic downturns are largely a result of decreased productivity and not a slump in consumption as Keynesians believe.
b. Keynesians are wrong to assert that higher taxes on the wealthy will stimulate consumer spending at the lower ends of the economy.
c. Keynesian policy relies on politicians to decrease spending during economic boom times, but politicians are generally unwilling to do this.
d. The economy does not respond to any type of government economic policy, so it is foolish to believe that the business cycle can be managed.
c
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With reference to Karl Marx's views on political identity, explain the two new economic groups that emerged as industrialization advanced
What will be an ideal response?
The __________ was formed to block ranchers from grazing cattle in Yosemite National Park
a. Fish and Wildlife Service b. Sierra Club c. Park Rangers Club d. Yosemite National Park Club
The question, "How can we train people to be better drivers?"
A) is too vague a question to lead to research. B) cannot be subjected to research. C) is an applied research question. D) is a basic research question.
Define unfunded mandates. Why are unfunded mandates problematic?
Answer: