Which of the Following Economic Statements Would a Keynesian Economist

question 99

Multiple Choice

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

• A) It is never necessary for the government to intervene in the economy.
• B) The primary determinant of economic growth is long-run aggregate supply.
• C) The long run is much more important than the short run.
• D) Savings is a drain on demand.
• E) Prices tend to be flexible.

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Definitions:

Outside Supplier

A company or entity that provides goods or services to another company but is not part of that company's corporate structure.

Packing And Shipping Costs

Expenses associated with preparing and sending goods to customers, including materials for packing and freight charges.

Parts

Components or materials used in the manufacturing or assembly of a product, often inventoried and managed as part of the supply chain process.

Purchasing Department

A department within a business that is responsible for acquiring goods and services needed for the company’s operations.