The Keynesian Approach to Fiscal Policy Calls For

question 75

Multiple Choice

The Keynesian approach to fiscal policy calls for:

• A)budget deficits during periods of inflationary pressure.
• B)budget surpluses during periods of high unemployment.
• C)a balanced budget despite the state of the economy.
• D)tax cuts during recession.
• E)spending increases during inflation.

Identify barriers to the implementation of evidence-based policies.

Distinguish between different types of policies based on their objectives and targeted issues.

Understand the role and application of policy assessment tools such as matrices.

Appreciate the value of evidence and theoretical, professional, or moral grounds in defending policies.

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Definitions:

Situational Needs

Requirements that arise from specific circumstances or environments, often driving the demand for certain products, services, or actions.

Facilitation And Support

Involves providing assistance or resources to enable a person or group to achieve a task more efficiently and effectively.

Encouragement And Training

Providing support and educational opportunities to enhance skills, knowledge, and motivation.

Performance Pressures

The stress and strain individuals or organizations face to meet or exceed a set of established standards or expectations.