Author Question: Keynesian economic policy holds which of the following to be true? a. Increasing tax rates will ... (Read 60 times)

pepyto · **on:** Jul 9, 2018

Keynesian economic policy holds which of the following to be true?

a. Increasing tax rates will stimulate the economy.
b. Government spending should focus primarily on social welfare.
c. The key task for fiscal policy is to stimulate the supply of goods.
d. Government should take the responsibility to stimulate the economy when it is lagging.

Question 2

The unemployment rate is best understood as __________.

a. the rate at which Americans lose their jobs
b. the percentage of Americans who are out of work
c. the percentage of Americans seeking work who are unable to find it
d. the percentage of available jobs per 60,000 households