Question
During a severe recession, businesses are reluctant to
invest, and consumer spending has declined significantly. Unemployment rates are high, and there is a general lack of confidence in the economy. According to Keynesian economics, what would be the most appropriate government response in this situation?Solution
Keynesian economics suggests that during a recession, the government should increase spending and decrease taxes to stimulate aggregate demand, boost economic activity, and reduce unemployment.
Which of the following is the Largest Cricket Stadium in the world?
What will be the median of the given data?
1, 1.1, 2.3, 0.1, 0.9, 5, 3.9, 2.5, 4.2, 4.6
Which of the following type of climates are divided into Steppes or semi-arid climate (BS) and desert climate (BW)?
As per Olympic rules, in the third game, badminton players change ends when a side scores _____ points
Dr.Teejan Bai, a Padma Shri, Padma Bhushan and Padma Vibhushan awardee is globally recognised for her contribution to which of the following art forms?
Which type of insurance policy that covers property that is easily movable and provides additional coverage over what normal insurance policies do not?
In which Indian state is the Mundeshwari Devi Temple, considered the 'oldest functional' temple, situated?
Extremely Severe Cyclonic Storm Tauktae was a powerful tropical cyclone in the _______.
Which of the following is NOT a 'Maharatna' status company?
______ became the first Indian to win the under-18 title in the Orange Bowl tournament in 2008.
