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romina0724 romina0724
wrote...
Posts: 347
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6 years ago
The Keynesian solution to inflation is to cut taxes to encourage greater production.
 
  Indicate whether the statement is true or false

Question -2-

Supply-side economics is a philosophy that advocates both tax and budget cuts to increase incentives to produce in order to expand the total supply of the nation's goods and services.
 
  Indicate whether the statement is true or false

Question -3-

Keynes argued that deficit spending by the government is necessary to combat a recession.
 
  Indicate whether the statement is true or false

Question -4-

The British economist John Maynard Keynes argued for government intervention into--and regulation of--the economy through fiscal policy.
 
  Indicate whether the statement is true or false
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hh
wrote...
6 years ago
(Ans. #1)

FALSE

(Ans. #2)

TRUE

(Ans. #3)

TRUE

(Ans. #4)

TRUE
romina0724 Author
wrote...
6 years ago
I know you spent a lot of time finding this because I swear it wasn't in my textbook
hh
wrote...
6 years ago
You're partially right, it's found midway in the chapter, but not at all easy to find. Good luck with the rest
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