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:

Schizophrenia

A mind-related illness identified by irregularities in cognition, sensory experiences, feelings, and interpersonal activities.

Positively

In an optimistic or affirmative manner, often indicating approval or the presence of a particular quality.

Treatment

The management and care of a patient or the combatting of disease or disorder.

Halfway House

A residence for individuals transitioning from institutions such as prisons or drug rehabilitation centers to regular society, offering support and supervision.