The Primary Factor That Caused Some Economists to Lose Their

question 66

Multiple Choice

The primary factor that caused some economists to lose their faith in the Keynesian approach to macroeconomic policy was

• A)the high levels of unemployment that occurred during the Great Depression.
• B)the presence of both high unemployment and high inflation during the 1970s.
• C)theoretical proof that Keynes's ideas were invalid.
• D)evidence that Keynes's ideas were useful during economic recessions, but not during economic booms.

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Definitions:

Unethical

Actions or behavior that violate professional or moral principles in a given field.

Extramarital Affairs

Romantic or sexual relationships that occur outside of one's marriage, often considered a breach of trust and fidelity.

Imposing Values

The act of an individual or group asserting their beliefs and principles onto others, often without their consent.

Nonsexist Family Therapists

Family therapists who actively avoid gender biases in their practice, ensuring fairness and equality in treatment and intervention strategies.