Ceteris paribus, the quantity demanded of a good will decrease in response to:

Keynes believed that the way to prevent recessions and depressions was to

A) increase aggregate demand through expansionary fiscal policy. B) maximize the crowding out effect. C) only change tax rates as a means of regulating the economy. D) reduce spending when there is a recessionary ga

Investors value liquidity in an asset because

A) liquid assets tend to have high rates of return. B) liquid assets incur lower selling costs. C) liquid assets incur lower tax liabilities. D) whereas liquid assets have high information costs, their low risk offsets this.