Keynes argued that the private sector was unable to keep the economy at full employment. as a result, the government should take an active role in managing the economy.
<h3>What is a
Keynesian economic theory?</h3>
According to Keynesian economics, the government should raise demand to spur economic growth. Consumer demand, according to Keynesians, is the main engine of an economy. Therefore, the hypothesis is in favor of an expansionary monetary policy. Government spending on infrastructure, unemployment benefits, and education are its key tools. Overusing Keynesian programs has the disadvantage of raising inflation. An economic school of thinking known as Keynesian Economic Theory holds that for economies to recover from recessions, government involvement is required.
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The trade value was $1.1 trillion.
Answer:
<h2>Since 1789, the United States has added 27 amendments to the Constitution. An amendment is a change to the Constitution. ... These first amendments were designed to protect individual rights and liberties, like the right to free speech and the right to trial by jury.</h2>
Explanation:
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<span>An example can be “Kate is shocked to
hear that her best friend Mary, apparently a very honest individual, cheated on
a physics question".</span>
The term cognitive
dissonance in the study of psychology is used for the psychological disturbance
experienced by an individual who at the same time have two or more ideas,
concepts or values which are contradictory to each other.
Answer: False
Explanation: On the contrary, reinforcement theory is based on explanations for behavioural change by repeating behaviour with positive consequences while, of course, that with negative consequences is not repeated. This is accomplished by the desired shaping of behaviour, that is, shaping into certain direction, that is, in a positive direction by using a reward to reinforce positive behaviour and correcting unwanted behaviour by using a punishment for behaviour with negative consequences. This theory and its use is in fact a method for modifying behaviour.