Which of the Following Is a Difference Between John Maynard

question 104

Multiple Choice

Which of the following is a difference between John Maynard Keynes and the classical economists?

• A)Keynes did not believe that unemployment was a serious long-term problem; the classical economists did.
• B)Keynes did not believe that the economy was always in equilibrium; the classical economists did.
• C)Keynes did not believe that the economy necessarily settled at full employment; the classical economists did.
• D)Keynes believed that the economy was always in equilibrium; the classical economists did not.
• E)Keynes believed that a general glut of output was a good thing for the economy; the classical economists believed a glut created an unemployment problem for the economy.

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Definitions:

Net Increase in Cash

The total change in cash and cash equivalents indicating the difference between cash inflows and outflows over a period.

Presentation of Activities

The structured detailing of actions taken or planned by an organization, often applied in the context of reporting or strategic planning.

Operating Investing

This key term is not clear; it may refer to investing activities in the context of a business's operations, but without further context, a precise definition cannot be provided.

Financing Activities

Transactions related to raising capital and repaying investors, including issuing debt, repurchasing shares, and paying dividends.