This topic contains a solution. Click here to go to the answer

Author Question: Imagine the economy is slipping into a recession. What would a Keynesian advocate and why? What ... (Read 56 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Toya9913

  • Sr. Member
  • ****
  • Posts: 341
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

  • Member
  • Posts: 535
Reply 2 on: Jul 10, 2018
Excellent


lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library