Author Question: When John Maynard Keynes suggested deficit financing by the government to stabilize the economy, he ... (Read 58 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?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library