In analyzing recessions, Keynes' view was that
A. the economy may eventually recover by itself, but it takes too long.
B. the government could stimulate aggregate purchases by reducing the budget deficit.
C. the economy will never recover because wages and prices will never adjust downward.
D. any cyclical unemployment will be short-lived, and thus there is no need for increased government spending.
A. the economy may eventually recover by itself, but it takes too long.
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Refer to the below table. Assume that health insurance pays two-thirds the cost of health care. For the consumer, the price and quantity of health care consumed would then be:
Use the table below to answer the question. The table shows the hypothetical demand and supply schedule for health care
A. $300 and 400 units
B. $300 and 600 units
C. $200 and 700 units
D. $200 and 300 units
The most flexible way to obtain data in electronic form is as a standard _____ file.
A. PDF B. WMV C. text (ASCII) D. PPTX