The Keynesian Macroeconomic Model Was Highly Popular for Several Decades

question 103

Multiple Choice

The Keynesian macroeconomic model was highly popular for several decades following World War II because it provided an explanation for

• A)the strong economic recovery following the end of the war.
• B)the high inflation rates of the 1950s.
• C)the prolonged unemployment of the 1930s.
• D)the high rate of investment during the Great Depression.

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Definitions:

Resistance

The ability of an organism to prevent infection or disease despite exposure to a pathogen; or in physics, the opposition to the flow of electric current.

Poiseuille's Law

describes the flow of a viscous fluid through a long cylindrical pipe, where the flow rate is dependent on the fluid's viscosity, the pressure difference, and the dimensions of the pipe.

Blood Flow

The movement of blood through the circulatory system, delivering oxygen and nutrients to tissues and removing waste products.

Blood Viscosity

A measure of the resistance of blood to flow, influenced by the composition of blood and affecting its ability to circulate through the vessels.