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Author Question: According to Keynes, in order to get the economy out of a recession, the government should: a. ... (Read 113 times)

Charlie

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According to Keynes, in order to get the economy out of a recession, the government should:
 a. follow an expansionary fiscal policy.
 b. encourage firms to export to other nations.
 c. follow an contractionary fiscal policy.
 d. follow a contractionary monetary policy.
 e. not interfere in the market and let the market system heal itself.

Question 2

The monopolistic competition market structure is characterized by a few large firms which account for a large percentage of industry sales.
 a. True
  b. False
  Indicate whether the statement is true or false



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Jane

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Answer to Question 1

a

Answer to Question 2

False





 

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