Which of the following best describes Keynesian economics? A) ...

[Mr3Hunna]

Which of the following best describes Keynesian economics?
 
  A) A mixture of free market and social programs.
  B) Long-term inflation would lead to an unregulated market.
  C) Economic policy was a mixture of socialism and laissez-faire.
  D) Boom and bust cycles were part of economic life.
  E) A growth economy with some inflation was desirable.

Question 2

The Incan idea of a central relief fund is similar to which of the modern America concepts below?
 
  A) an early form of disaster relief program
  B) a primitive version of Social Security
  C) some of the provisions of Medicare
  D) elements of a welfare state
  E) an ancient form of the Internal Revenue Service

[tdewitt]

Answer to Question 1

E

Answer to Question 2

D