How Did Keynes Propose That Government Should Shock the Economy

question 70

Multiple Choice

How did Keynes propose that government should shock the economy out of the Great Depression?  

• A) by increasing aggregate supply 
• B) by increasing aggregate demand 
• C) by raising prices in order that firms could earn higher profits and employ more people 
• D) by reducing prices in order that people could afford to buy more goods and services

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Definitions:

Apadana

The great audience hall in ancient Persian palaces.

Ishtar Gate Of Babylon

An ancient gate of the city of Babylon, constructed in about 575 BCE by order of King Nebuchadnezzar II, famously adorned with images of dragons and bulls.

Represented Here

A phrase often used in art or exhibitions to specify that an object, theme, or subject is depicted or presented in the current space.

Assyrians

An ancient Semitic-speaking empire and people based in Mesopotamia, known for their military prowess, architectural achievements, and contributions to early civilization.