Which of the Following Policy Prescriptions for Overcoming a Depression

question 109

Multiple Choice

Which of the following policy prescriptions for overcoming a depression is most closely associated with John Maynard Keynes?  

• A) He believed that a serious economic contraction is a natural phase in an otherwise healthy system, and thus no intervention is needed during a depression. 
• B) He advocated for tax increases in order to balance the federal government's budget during the Great Depression. 
• C) He advocated for a decrease in the money supply to stabilize the economy during the Great Depression. 
• D) He argued that increased government demand should offset reduced private sector demand in order to prevent depression.

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Definitions:

Organic Structure

identifies a flexible, adaptive organizational design characterized by decentralized decision-making, broad job descriptions, and a network-based communication pattern.

Modular Organization

A flexible organizational structure where functions are divided into modules that can be easily reconfigured or replaced.

Strategic Control

A management process used to monitor the execution of an organization's strategy and make adjustments as necessary.

Network Forms

Refers to the structure and arrangement of connections and interactions within a social or organizational network.