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anygoal [31]
3 years ago
5

(05.01 MC) This quotation best supports which of the economic theories of John Maynard Keynes? A. Businesses and jobs rely most

strongly on consumer demand. B.Government regulation is necessary to stabilize the economy. C. Markets operate best when allowed to operate freely.D. Private individuals can best make their own economic decisions.
Business
2 answers:
vampirchik [111]3 years ago
6 0

Answer:

The correct answer is letter "B": Government regulation is necessary to stabilize the economy.

Explanation:

Keynesian Economics, named after the British economist John Maynard Keynes (1883-1946), is a school of thought in which government plays an important role in mitigating economic recessions. Keynes concluded that governments had to drive the economic tide to lessen the effect of the cycles of boom and bust that are inevitable in a free-market economy.

tankabanditka [31]3 years ago
5 0

Answer:

These two statements are correct:

A. Businesses and jobs rely most strongly on consumer demand.

B.Government regulation is necessary to stabilize the economy.

Explanation:

The first statement is correct because John Maynard Keynes that demand was the most important side of the economy, not supply. This is why his policies are sometimes referred to as "demand-side economics", while the policies of many of his detractors, such as Milton Friedman, are referred to as "supply-side economics".

The second statement is also correct because Keynes believed that a market economy was naturally subject to business cycles: cycles of boom and bust that could either benefit millions, or harm millions. Keynes thought that the government should regulate the economy in order to lessen the effect of those cycles.

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Your older and wiser sibling has offered to loan you some much needed money to help cover textbook expenses this semester. Since
masya89 [10]

Answer:

80 years

Explanation:

Data provided in the question:

Simple interest rate charged = 1.25% = 0.0125

Now,

Let principal amount be '$x'

we know,  Simple interest = Principal × Interest Rate × Time

Since the debt is doubled this means the interest  is equal to the principal amount

Therefore,

$x = $x × 0.0125 × Time

or

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or

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3 years ago
Kimberly has been planning to purchase a digital camera for a long time. She finally makes the purchase and is happy because she
WARRIOR [948]

Answer: Option A      

       

Explanation: In simple words post decision resonance refers to the feeling of regret that one gets after making  decision that the choice they made was not correct.

This theory suggests that the level of regret that one feels depends on two factors, the net desirability between the option chooses and option not chooses,  the importance of the decision made in the Decision makers life.

In the given case, Kimberly bought a camera and now think she did not make right choice. Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
One advantage of proprietary software versus off-the-shelf software is that _____.
Serjik [45]

(C) the software provides a company a competitive advantage by solving problems in a unique manner

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6 0
3 years ago
Read 2 more answers
Assume that the demand curve for a certain good is a vertical line. This vertical demand curve illustrates the idea that:
ladessa [460]

Answer:

e.people will not change the quantity of the good when the price of the good is changed.

Explanation:

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Goods with perfect inelasticity usually have no or little close subsituites.

I hope my answer helps you

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3 years ago
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babymother [125]

Answer:

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