Which of the Following Economic Statements Would a Keynesian Economist

question 99

Multiple Choice

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

• A) It is never necessary for the government to intervene in the economy.
• B) The primary determinant of economic growth is long-run aggregate supply.
• C) The long run is much more important than the short run.
• D) Savings is a drain on demand.
• E) Prices tend to be flexible.

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Definitions:

RBCs

Red blood cells, responsible for carrying oxygen from the lungs to the body's tissues and returning carbon dioxide back to the lungs.

WBCs

White Blood Cells, components of the blood involved in protecting the body against both infectious disease and foreign invaders.

Aplastic Anemia

A blood disorder characterized by the bone marrow's failure to produce enough new blood cells, leading to fatigue and higher risk of infections.

Hemolytic Anemia

A condition where red blood cells are destroyed faster than they can be made.