JMKeynes Argued That Hiking Interest Rates and Reducing Deficits Make

question 15

True/False

J.M.Keynes argued that hiking interest rates and reducing deficits make no sense in an economic recession.

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Definitions:

Parasympathetic Nervous System

A branch of the autonomic nervous system responsible for conserving energy and promoting 'rest and digest' functions.

Central Nervous System

The principal part of the nervous system comprising the brain and spinal cord, responsible for processing information and controlling responses.

Sympathetic

Pertaining to the part of the autonomic nervous system that is responsible for preparing the body for action, especially in situations threatening survival.

Parasympathetic

Part of the autonomic nervous system responsible for conserving energy and calming the body after periods of stress or danger.