Author Question: When John Maynard Keynes suggested deficit financing by the government to stabilize the economy, he ... (Read 29 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
When John Maynard Keynes suggested deficit financing by the government to stabilize the economy, he was advocating the use of
 
  A) fiscal policy.
  B) monetary policy.
  C) a business cycle.
  D) an invisible hand.
  E) productive capacity.

Question 2

If government cuts taxes to encourage people to spend more money in order to stimulate economic growth, it is engaging in
 
  A) business cycling.
  B) fiscal policy.
  C) monetary policy.
  D) pro-growth economics.
  E) public income reductions.



meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

For a complete list of videos, visit our video library