Q65 QUESTION 65What is the Keynesian prescription for inflation?A. Keynesians prescribe increasing aggregate demand through government spendingO B. Keynesians prescribe decreasing aggregate demand through fiscal restraintOc. Keynesians prescribe decreasing aggregate demand through increased government spendingO D. Keynesians prescribe increasing aggregate demand through fiscal restraintQUESTION 66Summarize the Keynesian model:A. The short-term Keynesian model is built on the importance of aggregate supply as a cause ofbusiness cycles and a degree of wage and price rigidity, but does a poor job of explaining many recescyclical unemployment rises and falls.B. The Keynesian model emphasizes aggregate supply by focusing on the underlying determinants of oemployment in markets, and thus tends to put more emphasis on economic growth and how labor ma

Keynesian economics focuses on explaining and addressing the fluctuations in aggregate demand and…

QUESTION 65 What is the Keynesian prescription for inflation? A. Keynesians prescribe increasing aggregate demand through government spending O B. Keynesians prescribe decreasing aggregate demand through fiscal restraint OC. Keynesians prescribe decreasing aggregate demand through increased government spending O D. Keynesians prescribe increasing aggregate demand through fiscal restraint