Which of the Following Statements Are True

question 197

Multiple Choice

Which of the following statements are true?

• A)Big government was ushered in during the 1920s.
• B)Keynes believed budget deficits were good for the economy all the time.
• C)The classical economists believed recessions were hard to end without government intervention.
• D)Classical economics lost most of its popularity in the 1930s.

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Definitions:

Anticipated Reaction

The response or feedback expected from an individual or group based on previous experiences or communications.

Newsworthy

A quality or characteristic of events or information that makes them interesting, important, or relevant enough to be reported in the news.

Discretionary Funds

Discretionary funds refer to money available for spending on non-essential items or activities, often allocated after necessary expenses have been covered.

Worthwhile Cause

A meaningful, important, or valuable goal, project, or mission that merits time, effort, and resources.