To Eliminate an Inflationary Gap,Keynesian Theory Indicates That Government Should

question 57

Multiple Choice

To eliminate an inflationary gap,Keynesian theory indicates that government should

• A) increase taxes.
• B) decrease taxes.
• C) increase government purchases.
• D) decrease government purchases.
• E) either a or d

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Definitions:

Conserving

The act of preserving or protecting something from loss or damage.

Individualistic Model

A theory in ecology that suggests communities are a chance assemblage of species with similar abiotic requirements, rather than a tightly integrated unit.

Henry Gleason

An early 20th-century ecologist known for his individualistic concept of plant communities, challenging the notion of plant communities as superorganisms.

Community Model

A theoretical framework used to understand the complex interactions and relationships within ecological communities.