Martin Luther Advocated Which of the Following Ideas

question 26

Multiple Choice

Martin Luther advocated which of the following ideas?

• A) The Catholic Church was corrupt and in need of reform.
• B) Most people required the clergy's help to read and understand the Bible.
• C) People could be saved only by grace,which was a gift from God.
• D) People should have the right to change their government if it oppressed them.

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Definitions:

Work Force

consists of all the people engaged in or available for work, either in a specific region or in the entire economy.

Demand Pull Inflation

An economic situation where prices rise because the demand for goods exceeds supply.

Aggregate Supply Curve

A visual depiction illustrating the aggregate amount of products and services that suppliers in an economy are prepared and capable of offering across various price points.

Keynes

Concerns John Maynard Keynes, a British economic theorist whose concepts transformed the study and application of macroeconomics as well as state economic policy.