Which of the Following Economic Statements Would a Keynesian Economist

question 116

Multiple Choice

Which of the following economic statements would a Keynesian economist tend to support?

• A) Government intervention in the economy is unnecessary.
• B) The short run deserves more attention than the long run.
• C) The key determinant of economic growth is long-run aggregate supply.
• D) Savings is a crucial component of economic growth.
• E) The economy tends to be stable and at full employment.

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Definitions:

Locomotion

The ability to move from one place to another, which can be observed in all animal groups as a means to interact with their environment.

Birth Control Pills

Oral contraceptives taken by women to prevent pregnancy, containing hormones that inhibit ovulation, alter the uterine lining, and thicken cervical mucus.

FSH

Follicle-stimulating hormone, a gonadotropic hormone synthesized and secreted by the pituitary gland that stimulates the growth of ovarian follicles in females and sperm production in males.

LH

Luteinizing Hormone, a hormone produced by the anterior pituitary gland that plays a key role in regulating the reproductive system.