The Employment Act of 1946
A) implies that the government should avoid being a cause of economic fluctuations.
B) implies that the government should respond to changes in the private economy to stabilize aggregate demand.
C) reflected the ideas promoted in Keynes's influential book,The General Theory of Employment,Interest,and Money.
D) All of the above are correct
Correct Answer:
Verified
Q7: Monetary policy
A)can be implemented quickly and most
Q8: If businesses and consumers become pessimistic,the Federal
Q9: Who asserted that "the Federal Reserve's job
Q10: Suppose there were a large decline in
Q11: Suppose there is an increase in government
Q13: The Kennedy tax cut of 1964 was
A)successful
Q14: Keynes used the term "animal spirits" to
Q15: Keynes argued that aggregate demand is
A)stable,because the
Q17: Suppose households attempt to increase their money
Q189: Suppose there was a large increase in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents