According to Keynes,in Order to Get the Economy Out of a Recession,the

question 64

Multiple Choice

According to Keynes,in order to get the economy out of a recession,the government should:

• A)follow an expansionary fiscal policy.
• B)encourage firms to export to other nations.
• C)follow an contractionary fiscal policy.
• D)follow a contractionary monetary policy.
• E)not interfere in the market and let the market system heal itself.

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Definitions:

Suggested Retail Price

The price at which the manufacturer recommends a retailer sell a product for to consumers.

Merchandise

Goods that are bought and sold within a market or industry.

Collect Like Terms

The process in algebra of combining terms that have the same variables raised to the same power to simplify expressions or equations.

Collect Like Terms

The method in algebra which involves merging terms that possess identical variables elevated to the same exponent.