The period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS was during:
- <u>D. Economic recessions.</u>
According to the given question, we are asked to show the period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS.
As a result, we can see that Keynes, one of the fathers of economics stated that it was <em>important</em> for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.
Therefore, the correct answer is option D
Read more about Keynesian Economics here:
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Asia the crusades fought holy wars
Answer
The note must be reported on the balance sheet as of December 31 for the total outstanding value, since the refinancing does not change the value to be paid only affects the terms and interests, also the financing will only be made in January of year 2
Answer: A perfectly inelastic supply curve means that<u><em> the quantity supplied is completely fixed.</em></u>
Perfectly inelastic supply states that supply is completely fixed. Therefore it is not affected by the change in price level.
<u><em>Therefore, the correct option in this case is (e)</em></u>
Answer:
A. the change in the value of the optimal solution.
Explanation:
- A shadow pricing is associated with each constraint of the model and is the instantaneous changes that occur in the objective model of the optimal solution that is obtained by changing the right-hand side constrained by one unit and a reduced cost is associated with each variable of the model. Also referred to as a monetary values that is assigned to the current unknowable or difficult to calculate costs.