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Rather than seeing unbalanced government budgets as wrong, Keynes advocated so-called countercyclical fiscal policies that act against the direction of the business cycle. ... Monetary policy could also be used to stimulate the economy—for example, by reducing interest rates to encourage investment.
Answer: Archduke was assassinated in Sarajevo (Bosna which has mixed population - Croats, Serbs, Muslims). Gavrilo Princip was Serbian student living in Bosna. So to answer your question, the assassin of archduke was Serbian.
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Arms race, a pattern of competitive acquisition of military capability between two or more countries. The term is often used quite loosely to refer to any military buildup or spending increases by a group of countries. The competitive nature of this buildup often reflects an adversarial relationship.
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