J.M. Keynes developed the aggregate expenditure (AE) model as a solution to the unemployment and rising inflation issues in the 1930s.
<h3>Quiz: What did John Maynard Keynes contend?</h3>
According to John Maynard Keynes, the government can help stabilize an unstable economy. Prices and wages, according to Keynesians, were sticky or slow to adjust. In 1936, Keynes released The General Theory. Macroeconomics' founding father is well-known.
<h3>What is the aggregate expenditures model's central thesis?</h3>
We are aware that there is a correlation between a country's expenditure level and its real GDP/national income level in the aggregate expenditure model, which is positive. As a result, higher spending levels will stimulate higher income, which will in turn support higher economic expenditure, and vice versa.
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I believe the answer would be B. Some states don't collect income tax because every person in every state has to pay their taxes. Hope I helped!
Answer:
The grievances are instances when the king has affected and controlled the life of the people, which goes against Jefferson’s idea that the government is just there to protect the rights.
<span>I think d. The Greeks believed a good ruler was one who followed the gods' laws and treated his subjects with justice and kindness is the correct answer.
Hope this helps~</span>
