If Prompted to Describe Fundamental Beliefs About the Economy,a Keynesian

question 71

Multiple Choice

If prompted to describe fundamental beliefs about the economy,a Keynesian economist would state that

• A) the long run is more important than the short run.
• B) prices are flexible.
• C) more focus should be placed on the short run than the long run.
• D) savings is crucial to growth.
• E) the market tends toward stability and full employment.

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Definitions:

Abdominal Wall

The abdominal wall is comprised of muscles and tissues that enclose the abdominal cavity, supporting and protecting the organs within.

Internal Oblique

A muscle in the abdominal wall that acts to compress the abdomen and flex the spine.

Coccygeus

A small muscle located in the pelvic area, playing a part in supporting the pelvic organs.

Pelvic Floor

The pelvic floor is a group of muscles and ligaments in the pelvic area that support the organs in the pelvis like the bladder, intestines, and, in women, the uterus.