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Keynes Believed That the Best Method for Tackling Recessions Was

question 43

True/False

Keynes believed that the best method for tackling recessions was to reduce government spending and raise taxes,thereby reducing the federal budget deficit.


Definitions:

Series RL Circuit

An electrical circuit consisting of a resistor (R) and an inductor (L) connected in series, displaying characteristics dependent on the combined effects of resistance and inductive reactance.

Inductive Reactance

The impedance offered by inductors in a circuit to the flow of alternating current, determined by the frequency of the current and the inductance of the inductor.

Series Circuit

A circuit that contains only one path for current flow.

Total Resistance

The combined resistance of all resistors in a circuit, which determines the amount of current flowing through the circuit.

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