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Aplia: https://courses aplia.com/at/serviet/quz?quiz action takeQuiz&quiz probGuid 0101 ctx gregory.trotman-00228ck m 153641 Due Sunday 09.09.18 at 11:45 PM Attempts: Average: 19 Select the correct type of economist for each of the following views A continuing depression is or surpluses The government should play an active role in the economy Unless aggregate spending is adequate, the economy can experience prolonged and severe unemployment Select the correct term for each of the following definitions The graph or table that shows the amount househoilds spend for goods and services at different levels of disposable income Spending that does not vary with the current level of disposable income 221 AM O Type here to search

Explanation / Answer

1) A continuing depression is impossible because markets eliminate presistent shortages or surplus=CLASSICAL ECONOMISTS

The government should pay an active role in the economy during recission=KEYNESIAN ECONOMIC

Unless aggregate spending is adequate ,the economy can experience prolonged and severe unemployment =KEYNES THEORY

Demand creates its own supply =KEYNESIAN ECONOMICS

The graph or table that shows the amount households for goods and services at different lends of disposal income=

CONSUMPTION FUNCTION

Spending thqt does not vary with current level of disposable income =AUTONOMOUS EXPENDITURE

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