This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Imagine the economy is slipping into a recession. What would a Keynesian advocate and why? What ... (Read 16 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
on: Jul 10, 2018
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
Reply #1 on: Jul 10, 2018
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
YES! Correct, THANKS for helping me on my review

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Medication errors are three times higher among children and infants than with adults.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
This chart illustrates the four quadrants in which we can place the relationships between the state This chart illustrates the four quadrants in which we can place the relationships between the state
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
Migration and Global Economy Migration and Global Economy
A Tough Economy ...for students A Tough Economy ...for students
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Video: Blood Pressure Measurement

For a complete list of videos, visit our video library