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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Answer:
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Explanation:
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Answer: a stronger Federal government
Explanation:
Answer: the correct answer is (c) a fallacious argument masquerading as valid.
Explanation:
Fallacious Argument.- An argument that sometimes fools human reasoning, but is not logically valid. It is crucial to remember that reasoning from definitions and facts to conclusions is fundamentally different from reasoning about definitions.
Answer:
The Pacific Plate is being moved north west due to sea floor spreading from the East Pacific Rise (divergent margin) in the Gulf of California. The North American Plate is being pushed west and north west due to sea floor spreading from the Mid Atlantic Ridge (divergent margin).
