The Keynesian idea that the government can achieve a specific level of GDP by changing government spending and taxing was known as

a. fine-tuning
b. supply-side stimulation
c. classical manipulation
d. hunting for the Phillips curve
e. crowding out

A

Economics

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The system of accounts for each country, based on the circular flow, whose purpose is to measure the level of economic activity is called:

A) the underground economy. B) national income accounting. C) bookkeeping. D) none of the above.

Economics

The country with the lowest degree of central bank independence in the period 1973-88 was ________

A) Germany B) Japan C) The United States D) Spain

Economics