Keynes believed which of the following?
A. The government has a role to play in fighting unemployment, but not in fighting inflation.
B. The government has a role to play in fighting inflation and unemployment.
C. The government has a role to play in fighting inflation, but not in fighting unemployment.
D. The government does not have a role to play in fighting inflation or unemployment.
Answer: B
You might also like to view...
In the long-run ISLM model and with everything else held constant, the long-run effect of a tax cut is to ________ real output and ________ the interest rate
A) increase; increase B) increase; not change C) not change; increase D) not change; decrease
The way that economists explain it, the worker is a ________ in the________ market.
A. buyer; job B. seller; labor C. buyer; labor D. seller; job