Asked by dbh
Why do Keynesian economists believe that government has to intervene on the side of demand in a recession?
A.
It is congruent with Marxist economic theory.
B.
Any resulting deficits can be balanced with trade surpluses.***?
C.
Because in recessions, even zero percent interest cannot incentivize business.
D.
Because when the government spends directly on voters, it strengthens party loyalty.
(I'm sorry for so many questions, just really want to do well on this assignment and check to see if I'm on the right path in understanding things. I tremendously appreciate all the help I've already gotten)
A.
It is congruent with Marxist economic theory.
B.
Any resulting deficits can be balanced with trade surpluses.***?
C.
Because in recessions, even zero percent interest cannot incentivize business.
D.
Because when the government spends directly on voters, it strengthens party loyalty.
(I'm sorry for so many questions, just really want to do well on this assignment and check to see if I'm on the right path in understanding things. I tremendously appreciate all the help I've already gotten)
Answers
Answered by
dbh
Could it be C? (Don't know too much about this question)
Answered by
dbh
Never mind I think I found it in my lesson (it should be C)
Answered by
anonymous_facts
C is correct
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.