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If the economy were run with a strictly Keynesian point of view, what would the government's role be in regards to the U.S. economy?

a. The government is responsible for managing the economy.
b. The government is responsible for monitoring the economy but not interfering with it.
c. The government is responsible for managing the economy with a hands-off approach.

User Jnfr
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1 Answer

7 votes

Answer:

A.

Step-by-step explanation:

The keynesian prescription for stabilizing the economy implies government intervention at macroeconomic level-increasing aggregate demand when private demand falls and decreasing aggregate demand when private demand rises.

User Emanuel
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