This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the economy is experiencing less than full-employment, the Keynesian school recommends that the ... (Read 53 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
If the economy is experiencing less than full-employment, the Keynesian school recommends that the government:
 a. do nothing to stimulate the economy.
  b. undertake fiscal policy to stimulate aggregate demand.
  c. undertake fiscal policy to stimulate aggregate supply.
  d. balance the budget to stimulate aggregate demand.

Question 2

The choice of a voter to remain uninformed because the marginal cost of obtaining information is greater than the marginal benefit from obtaining knowledge is called:
 a. irrational ignorance.
  b. rational ignorance.
  c. collective interest.
  d. choice.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


nelaaney

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology. Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology.
The Keynesian IS/LM Model The Keynesian IS/LM Model
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
School can be discouraging and frustrating place for a child with a learning disability School can be discouraging and frustrating place for a child with a learning disability
Experiencing MIS, 8th Edition Experiencing MIS, 8th Edition
Draw a full and complete mechanism for the following reaction shown below. Draw a full and complete mechanism for the following reaction shown below.
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library