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Keynesianism is an economic theory that advocates for government intervention in the economy, particularly during times of economic downturn, to stimulate demand and spur growth. It emphasizes the role of aggregate demand in shaping the overall economic output. This can be achieved through measures like government spending programs and monetary policies to stabilize the economy.
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What are the types of mechanical work?
The types of mechanical work include static work, dynamic work, and intensive work. Static work refers to work done without motion, dynamic work involves movement, and intensive work focuses on the internal energy changes within a system.
How does input work and out put work affect the efficiency of a simple machine?
Input work is the work done on a machine, while output work is the work done by the machine. Efficiency of a simple machine is calculated as the ratio of output work to input work. The efficiency of a simple machine is high when the output work is close to the input work, indicating that the machine is converting most of the input work into useful output work.
What formula relates work and power?
The formula that relates work and power is: Power = Work / Time. Power is the rate at which work is done, which is the amount of work done divided by the time it takes to do that work.
The work that the simple machine does is called the work?
the work a machine does is the work output what it takes to do the work is the work input
What is the formula to finding the work output of efficiency?
The formula to find the work output of efficiency is: Work output = Efficiency x Input work. Efficiency is a ratio of output work to input work, so multiplying this ratio by the input work gives the work output.
What is Military Keynesianism?
Military Keynesianism is the position that the government should increase military spending in order to increase economic growth.
What is the economic school of thought that calls for governmental intervention?
Keynesianism
What is the difference between social keynesianism and commercial keynesianism?
Social Keynesianism is the idea that the gov't should stimulate consumption by acting a a regulatory agent in the economy, i.e. regulating monopolies and cartels, bailing out banks, minimum wage laws, etc. Commercial Keynesianism is the idea that the state should use less direct measures to stimulate demand and increase consumption. Commercial Keynesianism uses monetary and fiscal policy to "nudge" and guide the economy. Commercial is less radical than Social. A good way to remember it is social k is a shade closer to socialism than commercial k. Both are Keynesianistic because both ideologies are aimed at stimulating demand Andy Hall
Why did John Maynard Keynes not get the Nobel prize?
Because he's a hack and Keynesianism is pseudo-economics. Learn real economics and you'll laugh at your question.
What view of economics advocates massive public spending during a depression or recession?
I believe that would be Keynesianism. John Maynard believed the government should "prime the economic pump" by creating multiple jobs and public work projects for citizens during times of recession, even if it meant running up the national debt.
What has the author Per Kleppe written?
Per Kleppe has written: 'Norges vei til Europa' -- subject(s): European Economic Community 'Status for Keynesianism' -- subject(s): Keynesian economics
What has the author Lynn Turgeon written?
Lynn Turgeon has written: 'The contrasting economies' -- subject(s): Economic history 'The economics of discrimination' -- subject(s): Economic conditions, African Americans, Bibliography, Employment 'Bastard Keynesianism' -- subject(s): Economic policy, Economic conditions, Keynesian economics
How did African slaves get education?
They got their education by secretly learning it if their master didn't allowed because it was illegal. Sometimes, their masters tought the slave even though it was against the law. By secretly learning it, they could learn it off another slave or steal a book and educate themselves.
Economy of America?
not good were in a economy crisis
If a Mexican were to come and live in the US what do they do here?
Work , Work , Work , Work , Work , Work ! They do what You lazy Americans don't . Mexicans work hard . They do it all !
What is a work calendar?
A calendar at your work, for your work, that has your work schedule on it, etc.
What is the verb in you work late?
The verb in "you work late" is "work."
