John Maynard Keynes Wrote the General Theory of Employment, Interest

question 91

Multiple Choice

John Maynard Keynes wrote The General Theory of Employment, Interest, and Money (1936) to

• A)improve the gold supply balances of the British government.
• B)prove that the punitive nature of the Treaty of Versailles would ultimately lead to recession in Europe.
• C)prove that active government policy would produce unemployment and high rates of inflation.
• D)demonstrate that pessimistic consumers and businesspersons could reduce their spending and condemn the economy to long-run stagnation.

Understand various concepts and models of evolutionary change.

Identify and describe key hominin species and their characteristics.

Recognize the technological advancements and tool traditions associated with early humans.

Grasp the importance and use of fire by early humans.

---

Definitions:

Consolidated Revenues

The total revenue generated by a corporation and its subsidiaries, reported as one amount in the consolidated financial statements.

Common Stock

A type of equity security that represents ownership in a corporation, entitling holders to vote on corporate matters and typically to receive dividends.

Fair Value

The estimated market price of an asset or liability, based on current market conditions and arm’s length transactions, used for financial reporting purposes.

Equipment

Tangible property used in operations, such as machinery and computers.