Keynes's Ideas Were

question 267

Multiple Choice

Keynes's ideas were:

• A) quickly adopted in the 1930s to end the Great Depression.
• B) slowly but consistently used in 2008 to end the Great Recession.
• C) used somewhat to help reduce the Great Depression.
• D) ignored in the Great Depression.

---

Definitions:

Intra-entity Transactions

Transactions that occur between two parts of the same company, often used in the context of consolidating financial statements.

Voting Common Stock

Shares that give the holder the right to vote on company matters, such as elections for the board of directors.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as a single entity.