Which of the Following Policy Statements Would a Keynesian Economist

question 91

Multiple Choice

Which of the following policy statements would a Keynesian economist tend to support?

• A) The government should encourage savings as a means of promoting economic growth.
• B) The government should never intervene in the economy.
• C) The government should intervene in the economy to promote full employment.
• D) The government should intervene in the economy only when aggregate supply changes.
• E) The government should focus on long-run aggregate supply,not aggregate demand.

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Definitions:

Black Political

Refers to the political activities, ideologies, and movements that focus on issues important to Black communities, often emphasizing social justice, racial equality, and civil rights.

McDonaldization

A term describing the process by which the principles of the fast-food industry, such as efficiency, calculability, predictability, and control, have come to dominate other sectors of society.

Organizational Principle

Fundamental concepts or guidelines that dictate the structure, operation, and management of an organization, shaping its culture and functioning.

Efficiency

The ability to accomplish a task using the least amount of resources possible.