Keynesian Critics Would Argue That Expansion in Government Debt During

question 15

Multiple Choice

Keynesian critics would argue that expansion in government debt during a recession would lead to

• A)consumer optimism and a substantial increase in private consumption and investment.
• B)higher future interest payments and tax rates.
• C)lower future interest payments and tax rates.
• D)a strong recovery and substantial future economic growth.

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Definitions:

Apical Dominance

Effect in which a lengthening shoot tip inhibits the growth of lateral buds.

Auxin

A class of plant hormones involved in various aspects of plant growth and development, including cell elongation.

Hormone

Biological substances synthesized by glands in multicellular organisms, transported by the circulatory system to distant organs to regulate physiology and behavior.

Diploid

Refers to cells that have two sets of chromosomes, one from each parent.