Keynes Believed That the Best Method for Ending the Great

question 85

Multiple Choice

Keynes believed that the best method for ending the Great Depression was to

• A)increase the money supply so that individuals would have more to spend
• B)cut government spending and increase taxes to reduce or even eliminate the government's deficit
• C)increase government spending and cut taxes so that consumers could spend more
• D)cut both government spending and taxes so that government would not be such a large part of the economy
• E)increase both government spending and taxes to increase the role government played in the economy

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Definitions:

Dividends Declared

Profits announced by a company's board of directors to be distributed among shareholders, typically in the form of cash or additional shares.

Tuskegee Study

A notorious and unethical syphilis study conducted on African American men in Tuskegee, Alabama, without informed consent.

Ethical Concern

Issues or situations that require careful consideration regarding principles of right and wrong behavior.

Penicillin

A group of antibiotics derived from Penicillium fungi, used to treat bacterial infections by inhibiting cell wall synthesis.