What is the keynesian prescription for recession

Reference no: EM133377044

Questions:

1. Name some economic events, not related to government policy, which could cause aggregate demand to shift.

2. Name some government policies that could cause aggregate demand to shift.

3. From a Keynesian point of view, which is more likely to cause a recession: aggregate demand or aggregate supply and why?

4. What is the Keynesian prescription for recession? For inflation?

5. Keyes stated, "in the long run, we are all dead," espousing a system that deemphasizes stewardship. Considering the textbook and the Bible, what is a Christian's responsibility? Include a scripture that supports your response.

6. Do you think it is important that policies consider current responsibilities and future consequences of spending?

Reference no: EM133377044

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