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Questions and Answers
According to Keynesian economics, what strongly influences economic output and inflation?
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?
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?
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?
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 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 believe about the relationship between aggregate demand and the productive capacity of the economy?
What do Keynesian economists generally argue about aggregate demand?
What do Keynesian economists generally argue about aggregate demand?
How do Keynesian economists believe economic fluctuations can be mitigated?
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 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?
What do Keynesian economists argue about the relationship between demand and economic outcomes?
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