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Which of the following had been a traditional belief prior to the economic theories of John Maynard Keynes? Question 15 options: a) A national economy
Which of the following had been a traditional belief prior to the economic theories of John Maynard Keynes? Question 15 options: a) A national economy always benefited from a trade surplus. b) Depressions typically emerged from a consumer's crisis of confidence. c) Balanced budgets were sacred. d) Deficits are not a problem, as long as they do not enlarge national debt. e) A bimetallic standard was superior to the gold standard. In fireside chats and public addresses, President Roosevelt connected freedom with Question 16 options: a) economic security. b) economic inequality. c) laissez-faire economics. d) Keynesian economic theory. e) cuts in government spending
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