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Question
pregunta 13 (1 punto)
the main idea of john maynard keynes was that a government could ____.
a spend its way out of a recession
b save its way out of a recession
c borrow its way into a recession
d spend its way into a recession
pregunta 14 (2 puntos)
market activities that are sometimes, but not always, illegal that are not reported to avoid paying taxes are called ____.
a black market activities
b unevaluated economy
c underground economy
d under the table
Brief Explanations
- Pregunta 13: Keynesian economics advocates for government deficit spending during recessions to stimulate aggregate demand and pull an economy out of a downturn.
- Pregunta 14: The underground economy refers to unreported market activities (which may be legal or illegal) conducted to evade taxes or regulations, matching the description provided.
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Pregunta 13: a. spend its way out of a recession
Pregunta 14: c. underground economy