According to Keynes,the Policy of Incurring Budget Deficits Will Cause

question 71

Multiple Choice

According to Keynes,the policy of incurring budget deficits will cause the equilibrium price level to __________ and equilibrium output to __________.

• A)rise; rise
• B)rise; fall
• C)fall; rise
• D)fall; fall
• E)remain the same; remain the same

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Definitions:

Aboriginals

Indigenous peoples native to a land or region, often used in reference to the original inhabitants of Australia.

UFE-Certified Accountants

Accountants who have successfully passed the Uniform Final Examination, a crucial requirement in the certification process for accountants in certain jurisdictions.

Labour Force

The total number of people available to work, including both the employed and those actively seeking employment.

Barriers To Employment

Challenges or obstacles that prevent individuals from gaining employment, which may include factors like discrimination, lack of experience, or educational qualifications.