"In the Long Run,we're All Dead" Was Keynes' Way of Saying

question 34

Multiple Choice

"In the long run,we're all dead" was Keynes' way of saying that

• A)intellectual pursuits, like understanding the economy, are unimportant in the scheme of things.
• B)no one would appreciate his theories during his lifetime.
• C)there is no point in saving for retirement.
• D)it is very important to save for one's retirement.
• E) none of the above

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Definitions:

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.

Cooperation

Working together toward a common goal or benefit.

Trust

The confidence in the honesty, integrity, and reliability of a person or system.

Commons Dilemma

A situation in which individuals' short-term self-interest conflicts with long-term group interest and well-being, often related to the consumption of shared resources.