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Keynesian Economics Quiz

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Questions and Answers

According to Keynesian economics, what strongly influences economic output and inflation?

Government spending

Aggregate demand (correct)

Monetary policy

Productive capacity

What do Keynesian economists believe can mitigate economic fluctuations?

Isolationist economic policies

Complete reliance on market forces

Austerity measures

Coordinated economic policy responses (correct)

In the Keynesian view, what influences production, employment, and inflation?

Factors that sometimes behave erratically (correct)

Government regulations

International trade agreements

Technological advancements

What do Keynesian economists generally argue about aggregate demand?

It is volatile and unstable Signup and view all the answers

What does Keynesian economics argue about the relationship between aggregate demand and the productive capacity of the economy?

They are not necessarily equal Signup and view all the answers

What do Keynesian economists believe about the relationship between aggregate demand and the productive capacity of the economy?

Aggregate demand does not necessarily equal the productive capacity of the economy Signup and view all the answers

What do Keynesian economists generally argue about aggregate demand?

It is volatile and unstable Signup and view all the answers

How do Keynesian economists believe economic fluctuations can be mitigated?

By coordinated economic policy responses between government and central bank Signup and view all the answers

What is the main influence on economic output and inflation according to Keynesian economics?

Aggregate demand Signup and view all the answers

What do Keynesian economists argue about the relationship between demand and economic outcomes?

Demand influences inefficient macroeconomic outcomes Signup and view all the answers

Keynesian Economics Quiz

Choose a study mode

Podcast

Questions and Answers

According to Keynesian economics, what strongly influences economic output and inflation?

What do Keynesian economists believe can mitigate economic fluctuations?

In the Keynesian view, what influences production, employment, and inflation?

What do Keynesian economists generally argue about aggregate demand?

What does Keynesian economics argue about the relationship between aggregate demand and the productive capacity of the economy?

What do Keynesian economists believe about the relationship between aggregate demand and the productive capacity of the economy?

What do Keynesian economists generally argue about aggregate demand?

How do Keynesian economists believe economic fluctuations can be mitigated?

What is the main influence on economic output and inflation according to Keynesian economics?

What do Keynesian economists argue about the relationship between demand and economic outcomes?

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