The Case in Point Titled "Tough Medicine" Stated That the Keynesian

question 83

Multiple Choice

The Case in Point titled "Tough Medicine" stated that the Keynesian prescription for an inflationary gap was to

• A) apply contractionary fiscal or monetary policy, or both.
• B) combine contractionary fiscal policy with expansionary monetary policy.
• C) combine expansionary fiscal policy with contractionary monetary policy.
• D) decrease the money supply in order to shift the SRAS curve to the left.

---

Definitions:

Biocolonialism

The exploitation of biological resources of developing countries by Western pharmaceutical or biotechnological companies without fair compensation.

Patriarchal Society

A societal structure where men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Human Exceptionalism Paradigm

The belief that humans are separate from and superior to nature and other animals, often used to justify anthropocentric views and policies.

Cultural Accumulation

describes the process through which a culture gathers and amasses knowledge, traditions, and artifacts over time.