Early Keynesians felt that ________ policy was ________, so they stressed the importance of ________ policy
A) fiscal; ineffective; monetary
B) monetary; ineffective; fiscal
C) monetary; potent; monetary
D) fiscal; too potent; monetary
B
Economics
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When a country continually adds more capital to its existing stock productivity will:
A. decrease at a decreasing rate. B. decrease at an increasing rate. C. increase at an increasing rate. D. increase at a decreasing rate.
Economics
In reference to short-term economic fluctuations, the "trough" refers to:
A. the low point of economic activity prior to a downturn. B. the low point of economic activity prior to a recovery. C. a period in which the economy is growing at a rate significantly below normal. D. a particularly strong and protracted recession.
Economics