Which Statement Characterizes John Maynard Keynes' Approach to Economic Management

question 45

Multiple Choice

Which statement characterizes John Maynard Keynes' approach to economic management?

• A)Keynes advocated "trickle down" economic policies.
• B)Keynes proposed dampening the swings of the business cycle.
• C)Keynes argued for stronger stimulus packages to corporations and small businesses.
• D)Keynes suggested infusing the economy with government funds to promote spending.

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Definitions:

Recency Bias

The tendency to weigh recent events more heavily than earlier events when making decisions or evaluations.

Evaluations

The systematic assessment of the performance, value, or quality of an individual, organization, or program.

Traits Rating Scale

A method used in performance management where employees are evaluated based on certain defined characteristics or traits.

Performance Appraisal

The process of evaluating an employee's job performance and productivity in relation to established criteria and organizational objectives.