If a Keynesian Economist Were Asked to Make a Statement

question 37

Multiple Choice

If a Keynesian economist were asked to make a statement about the relationship between the government and the economy,what might he or she say?

• A) "Government intervention is the only solution for economic problems."
• B) "It is never a good idea for the government to intervene in the economy."
• C) "The government's only role is to provide defense and protect property rights."
• D) "The government should be primarily concerned with public safety and health."
• E) "Government intervention in the economy is sometimes necessary."

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Definitions:

Mutual Perspective Taking

Adolescents’ understanding that they take other people’s point of view at the same time as others attempt to take their own point of view.

Social Hierarchy

A system of organizing individuals within a society based on status, rank, or authority.

Knowledge Of Laws

Being informed or aware of the legal rules and regulations that govern society.

Social Contract Orientation

A theoretical framework suggesting that individuals’ moral and political obligations are dependent upon a contract or agreement among them to form the society in which they live.