Economic Policy: Influential Theories

Question 1

Use the drop-down menus to complete each sentence.

Revolt · Accepted Answer

A notable action taken by the Fed during the financial crisis of 2008 was carrying out open market operations, which was intended to lower the .: Federal Funds Rate; The actions taken by the Fed have immediate positive results, despite the fact that the Federal Funds Rate reached nearly .: did not; The actions taken by the Fed have immediate positive results, despite the fact that the Federal Funds Rate reached nearly .: 0%

Question 2

✔ littlelargeunlimited

Revolt · Accepted Answer

little

Question 3

The theory that governments should assist in economic crises through fiscal and monetary policy can be credited to [___].

Revolt · Accepted Answer

Keynes

Question 4

Use the drop-down menus to complete each sentence.

Revolt · Accepted Answer

✔ Smith; was an economist who led a new school of classical economics.: Smith; The concept of laissez faire refers to government intervention in the economy.: little; The theory that governments should assist in economic crises through fiscal and monetary policy can be credited to .: Keynes

Question 5

✔ littlelargeunlimited

Revolt · Accepted Answer

✔ little

Question 6

Smith✔ KeynesHayek

Revolt · Accepted Answer

✔ Keynes

Economic Policy: Influential Theories Answers

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