According to Keynesian Economics, What Does Fine-Tuning the Economy Mean

question 14

Multiple Choice

According to Keynesian economics, what does fine-tuning the economy mean?  

• A) making government economic policy more "people oriented" 
• B) using government policies to adjust the economy and promote economic stability 
• C) tinkering with microeconomic problems, such as externalities and losing sight of the big picture 
• D) placing fewer regulations on the private sector, thereby eliminating the need for government intervention

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Definitions:

Elections

A formal and organized process of voting to choose individuals for public office or to decide on public issues.

Doctrine

A principle or set of principles laid down by an authority as incontrovertibly true, often used in legal, religious, or philosophical contexts.

NLRA

The National Labor Relations Act, a foundational statute in United States labor law which protects the rights of employees to organize and bargain collectively.

Majority

The greater part or number; in a voting context, it refers to more than half of the votes.