John Maynard Keynes Wrote That Low Income and High Unemployment

question 25

Multiple Choice

John Maynard Keynes wrote that low income and high unemployment in economic downturns should be blamed on:

• A)low levels of capital.
• B)an untrained labour force.
• C)inadequate technology.
• D)low aggregate demand.

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Counterfeit Albums

Illegally produced copies of music albums that aim to mimic the original product for fraudulent sale.

Ethnic Succession

A theory suggesting that different ethnic groups move into, and subsequently out of, low-status and often criminally associated roles as part of a cyclical process driven by social and economic forces.

Extort

To obtain something through force, threats, or intimidation.

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