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

question 45

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)raising 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:

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A colloquial term referring to an attitude of overconfidence displayed by some second-year students (sophomores), often characterized by a lack of respect for others' opinions or a dismissal of established facts.

Immature

Lacking in development, either physically, emotionally, or intellectually; not fully grown or developed.

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Describes a state of being excessively confident without sufficient reason or evidence, often leading to miscalculations or errors in judgment.

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A condition where an individual holds a low or negative perception of their own worth or value.