Keynesian Economics Include All of the Following EXCEPT

question 4

Multiple Choice

Keynesian economics include all of the following EXCEPT:

• A) by not being able to adjust to varying levels of demand and supply, markets are rarely efficient in organizing economic activity.
• B) general non-intervention by government, that is, "laissez faire" (allow to do).
• C) regular government intervention to assure stability and growth in the economy.
• D) if government intervention is necessary, it should be with the goal of increasing economic activity, mainly by the government spending money it does not have.
• E) money is important as a medium of exchange, but printing excess money will not lead to inflation, at least in the short run.

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Definitions:

Open Ocean

The vast expanses of sea located beyond the continental shelf, characterized by deep waters and minimal human activity.

United Nations

An international organization founded in 1945 to promote peace, security, and cooperation among countries.

ITQs

Individual Transferable Quotas; a tool used in environmental management and fisheries, setting a total allowable catch to help prevent overfishing.

Sockeye Salmon

A species of salmon found in the Pacific Ocean, notable for its bright red flesh and significant role in both commercial fishing and ecological health.