Which of the Following Would a Keynesian Economist Be Most

question 51

Multiple Choice

Which of the following would a Keynesian economist be most likely to stress?

• A) Supply creates its own demand.
• B) Businesses will not produce goods and services if they do not think people will buy them.
• C) You cannot spend your way out of a recession.
• D) When the unemployment rate is high, wage rates will fall.
• E) A dollar saved is a dollar earned; a high rate of saving is the key to prosperity.

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Definitions:

Ethnomethodologists

Social scientists who study how people use everyday social interactions to construct a shared social reality, emphasizing the methods and practices used to make sense of the social world.

Sociologists

Professionals or academics who study the development, structure, and functioning of human society and the interactions among individuals within it.

Ethnomethodologists

study the way people make sense of their everyday world, particularly how they produce and sustain social order in their interactions.

Mainstream Sociology

Refers to the conventional approaches and standard theories in sociology that are widely accepted and taught across academic institutions.