Author Question: When John Maynard Keynes suggested deficit financing by the government to stabilize the economy, he ... (Read 60 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
When John Maynard Keynes suggested deficit financing by the government to stabilize the economy, he was advocating the use of
 
  A) fiscal policy.
  B) monetary policy.
  C) a business cycle.
  D) an invisible hand.
  E) productive capacity.

Question 2

If government cuts taxes to encourage people to spend more money in order to stimulate economic growth, it is engaging in
 
  A) business cycling.
  B) fiscal policy.
  C) monetary policy.
  D) pro-growth economics.
  E) public income reductions.



meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

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?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library