Which of the Following Statements About Keynesian Views Is True

question 22

Multiple Choice

Which of the following statements about Keynesian views is true?

• A) Keynes' analysis was mainly concerned with the long-run
• B) Keynes fully supported the classical view that markets were efficient and cleared quickly
• C) Demand deficient output meant that governments had a responsibility to boost demand to maintain full employment in the short term
• D) Responsibility for fiscal policy should be transferred to central banks because governments could not be trusted to implement tax changes appropriately in times of recession.

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Definitions:

Gender Differences

Variations in characteristics, behaviors, and roles typically associated with being male or female in a society.

Weapons Effect

The escalation of aggressive behavior simply due to the presence of a weapon.

Personalization Bias

The tendency to relate external events to oneself, even when there is no basis for making such a connection.

Violent Media

Media content that depicts acts of physical force intended to harm or kill, which can influence viewers' attitudes and behaviors.