Imagine the economy is slipping into a recession. What would a ...

[HudsonKB16]

Imagine the economy is slipping into a recession. What would a Keynesian advocate and why?
 
  What will be an ideal response?

Question 2

In the early 1970s, the policy of __________ sought a relaxation of tensions between the United States and the Soviet Union, coupled with firm guarantees of mutual security.
 
  Fill in the blanks with correct word

[Toya9913]

Answer to Question 1

An ideal response will:
1, Identify that Keynesian economic policy is a type of fiscal policy that is more concerned with high levels of unemployment than inflation.
2, Specify how increasing government spending and lowering tax rates encourages employment and investment. Note that when taxes are lowered, individuals and businesses will have more money to invest, which in turn increases the potential for new job creation and employment.

Answer to Question 2

dtente

[HudsonKB16]

Thanks for the timely response, appreciate it

[strudel15]

Excellent