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During economic recessions, Keynesian economists
During economic recessions, Keynesian economists prescribe to the theory that the national government should increase its
1 answer
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How do Keynesian economists address economic recessions?
A. with interest rate hikes B. with federal bond purchases C. with
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dbh
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Why do Keynesian economists believe that government has to intervene on the side of demand in a recession?
A. It is congruent
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dbh
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The Three Economic Questions Quick Check%0D%0A5 of 55 of 5 Items%0D%0A%0D%0AQuestion%0D%0AExplain the central tenants of
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Explain the central tenants of Keynesian economics.
a In Keynesian economics, the government should not influence the economy
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3. Write a short description on the principles and implications of the schools of thought in
Macroeconomics: Classical,
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What makes Keynesian economics different from the other macroeconomic theories you learned about in this unit?(1 point)
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Explain the central tenants of Keynesian economics.(1 point)
Responses In Keynesian economics, the emphasis is on the
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bob
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In recent years, economists around the world have created new tools that quantify the overall well-being of a country’s
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Classical economists thought that
A. flexible wages and prices were the principal causes of recessions. B. price, wage, and
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111
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