Keynes Argued That the Surest Way to Bring the Economy

question 96

Multiple Choice

Keynes argued that the surest way to bring the economy out of the Great Depression was to

• A) rely on expansionary monetary policy.
• B) use expansionary fiscal policy.
• C) impose wage controls to prevent drastic decreases in disposable income.
• D) leave the economy alone and flexible wages and prices would eventually lead to increases in income and employment.

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Definitions:

Meta-Analyses

A statistical analysis that combines the results of multiple scientific studies, providing a comprehensive overview of evidence on a particular topic or question.

Male Subordinates

Refers to men who hold positions lower in rank or authority to someone else within a hierarchical system or organization.

Political Leadership

The guidance and direction provided by individuals in political roles, influencing public policy, governance, and the allocation of resources within a community or nation.

Higher Standards

Expectations that exceed the usual or average requirements, often set to motivate exceptional performance.