Which statement explains how the Great Recession impacted the debate about neoliberalism?
a. It revealed the kinds of problems that could result from unregulated markets
b. It demonstrated the negative consequences of shock therapy and rapid privatization
c. It showed unions why they should support protectionism instead of free-trade policies
d. It indicated that high levels of government debt were more problematic than originally perceived
Question 2
Suppose a developing country has high rates of economic growth for five years in a row, followed by a severe recession. The legislature passes an emergency budget that grows government spending by two hundred percent. This action is an example of _____.
a. Keynesian policy
b. import substitution
c. supply-side economics
d. the neoliberal consensus
Independent assortment of chromosomes at meiosis explains Mendel’s ratio
great angelica
The Great Red Spot
End Moraines of the Great Lakes Region
What's the Difference Between England, Great Britain, and United Kingdom?