Author Question: Keynes believed that the way to prevent recessions and depressions was to A) increase aggregate ... (Read 70 times)

karlynnae · **on:** Jun 30, 2018

Keynes believed that the way to prevent recessions and depressions was to

A) increase aggregate demand through expansionary fiscal policy.
B) maximize the crowding out effect.
C) only change tax rates as a means of regulating the economy.
D) reduce spending when there is a recessionary ga

Question 2

When the government grants an inventor a patent

A) he has the exclusive right to make, sell or use his invention for 5 years.
B) the protection of a current invention would increase spending on R&D.
C) the patent holder has less incentive to invest in R&D because one successful invention removes the need to develop others.
D) the patent holder is guaranteed a profit on his invention.