The Simple Keynesian Model Ignores

question 167

Multiple Choice

The simple Keynesian model ignores

• A) the government.
• B) the government and the foreign sector.
• C) households.
• D) households and businesses.

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Definitions:

Democratic Elitism

A political theory that suggests a small, highly informed and capable group of elites governs in the interest of the larger population.

Elites

A small group of people within a society who hold a disproportionate amount of wealth, privilege, political power, or skill.

Democratic Values

Principles that support the practice of democracy, including fairness, equality, freedom of speech, and the rule of law.

Mail Order Politics

A form of political engagement where campaign materials, fundraising letters, and other political communications are sent to voters or potential supporters through the mail.