Describe British economist John Maynard Keynes' proposal to cure economic depressions
A) Keynes suggested infusing the economy with government funds to promote spending.
B) Keynes advocated for "trickle down" economic policies.
C) Keynes argued for stronger stimulus packages to corporations and small businesses.
D) Keynes proposed to cure depressions by dampening the swings of the business cycle.
Answer: D
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A form of budgeting in which budgetary changes are usually rather small is:
A. program budgeting. B. zero-base budgeting. C. line item budgeting. D. incremental budgeting.
Which of the following is TRUE concerning the political orientations of Americans?
a. Americans tend to swing back and forth in their political orientations. b. Political orientations are embedded in Americans as youths and never change. c. Americans tend to follow the lead of European nations when determining their political orientations. d. Political orientations tend to be quite stable and lasting. e. Political orientations tend to change with every election.