In the Simple Keynesian Framework,declines in Planned Investment Spending That

question 70

Multiple Choice

In the simple Keynesian framework,declines in planned investment spending that produce high unemployment can be offset by raising

• A)taxes.
• B)government spending.
• C)consumer confidence.
• D)business confidence.

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Definitions:

Decreasing Inputs

The process or trend of reducing the amount of resources, labor, or material used in the production of goods or services.

Productivity Ratio

A measure of the efficiency of production, often calculated as the ratio of outputs produced to inputs used.

Bagel Company

A business that specializes in the production and sale of bagels, often including various flavors and toppings.

Resources Used

Refers to the various materials, capital, and human resources that are utilized in the production of goods or services.