Author Question: When John Maynard Keynes suggested deficit financing by the government to stabilize the economy, he ... (Read 75 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?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library