John Maynard Keynes Influenced the Use of Fiscal Policy in the U.S.by

question 44

Multiple Choice

John Maynard Keynes influenced the use of fiscal policy in the U.S.by arguing effectively that

• A)balancing the national budget at all times was sound economic policy
• B)natural economic forces were not necessarily adequate to move the economy toward its potential output level
• C)the government did not need to stimulate output in order for the economy to achieve its potential output level
• D)increases in taxes and increases in government purchases are equally effective in closing an expansionary gap
• E)increases in taxes and increases in government purchases are equally effective in closing a contractionary gap

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Definitions:

Sex Drive

The biologically driven component of human desire for sexual activity and expression.

Frequency of Masturbation

refers to how often an individual engages in masturbation, a sexual activity where people stimulate their own genitals for sexual pleasure.

Restrict Sex

Limitations or controls placed on sexual activities or expressions.

Early Stages

The initial phases or periods in the development or progress of something.