John Maynard Keynes ________

question 46

Multiple Choice

John Maynard Keynes ________.

• A)questioned the classical view that economies move quickly to their long run equilibrium levels
• B)advocated focusing on short run fluctuations
• C)carved out macroeconomics as a distinct field in the 1930s
• D)all of the above
• E)none of the above

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Definitions:

Charitable Subscription

A commitment to donate a specified amount of money to a charity or non-profit organization.

Unliquidated Debt

A debt for which the exact amount owed has not been determined or agreed upon.

Accord And Satisfaction

A legal contract wherein parties agree to a settlement that conclusively resolves a dispute or debt.

Forbearance To Sue

An agreement to refrain from filing a lawsuit as part of a negotiation or compromise, despite having grounds for legal action.