Which of the Following Best Characterizes a Keynesian Economic Principle

question 5

Multiple Choice

Which of the following best characterizes a Keynesian economic principle?

• A) The government should have an active role in the economy.
• B) The free market should not be regulated.
• C) Economic competitiveness requires the shrinking of the welfare state.
• D) High unemployment and inequality are normal and unavoidable.

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Definitions:

Real-world Industry

Sectors and activities in the economy that produce goods and provide services in natural, tangible, practical, and applied contexts outside of theoretical or simulated environments.

Leader Development

The process of expanding an individual's capacity to perform in leadership roles within organizations.

Developmental Readiness

The state or condition of being prepared to undertake personal or professional growth initiatives or learning activities.

Individual Attributes

Characteristics or traits that are specific to an individual, influencing their behavior and actions.