
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
The concept that market forces in the macroeconomy can remedy a recession is referred to as:
-
Keynesianism: the use of expansive fiscal and
monetary policies to resolve a recession. -
The self-correcting mechanism
-
The consumption function
-
The paradox of thrift
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