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
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Vienna: Social Structure and Social Interaction
The main avenue to the upward social mobility reviewed in the text has been higher education.
In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ...
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