The Defining Feature of the Keynesian View of Macroeconomics Is

question 17

Multiple Choice

The defining feature of the Keynesian view of macroeconomics is that the economy is

• A)rarely at full employment.
• B)self-regulating and always at full employment.
• C)that the quantity of money is the most significant influence on aggregate demand.
• D)constantly bombarded by shocks that arise from the uneven pace of technological change.
• E)no active stabilization is needed to offset changes in aggregate demand.

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Definitions:

Minimizing Risk

Strategies or actions taken to reduce the probability and/or impact of harmful outcomes in decision-making or processes.

Stocks

Stocks represent shares of ownership in a company, providing investors with a claim on the company's assets and earnings, and are traded on stock exchanges.

Choose

A term often associated with selecting options or making decisions from a set of alternatives.

Risk

The potential for loss or an undesirable outcome, often assessed in the context of investments or decision-making.