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Home Q & A Board Other Fields Homework Help Business Economics
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Alek Hsiang Alek Hsiang
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5 years ago

Question 1.

Suppose the economy suffers a high rate of unemployment. According to Keynesian economists, the government should increase employment by



▸ decreasing money supply.

▸ balancing the budget.

▸ not doing anything.

▸ increasing government spending.

Question 2.

Rapid increases in the price level during periods of recession or high unemployment are known as



▸ stagflation.

▸ stagnation.

▸ depression.

▸ inflation.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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gturgtur
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5 years ago
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Alek H. Author
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#2
5 years ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
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