In John Maynard Keynes's Demand-Side Economic Theory,an Economic Recession Can

question 30

Multiple Choice

In John Maynard Keynes's demand-side economic theory,an economic recession can be shortened through

• A)government spending programs.
• B)the natural workings of the free-market system.
• C)a lowering of tariffs in the global economy.
• D)a determination on the part of government not to spend any more than it receives in taxes.
• E)tax cuts for the wealthy.

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Definitions:

Pleasurable

Causing a feeling of satisfaction, enjoyment, or pleasure.

Piaget

A Swiss psychologist known for his pioneering work in developmental psychology and his theory of cognitive development in children.

Tertiary Circular Reaction

A stage in Piaget's theory of cognitive development where infants explore their environment and learn through trial and error with repeated actions.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, typically developed during infancy.