🎁BACK-TO-SCHOOL DEAL. Subscribe Now to get 40% OFF at only 8.49 USD/month, only valid until Sep 30th, 2024

Question

Question
Listen Whose economic theory influenced FDR's New Deal programs and help guide us though the Great Depression? Adam Smith Ronald Reagan John Maynard Keynes Fredick Hayek

Asked By MidnightMystic28 at

Answered By Expert

Max

Expert · 5.9k answers · 5k people helped

Sign in to see the answer

Answer

C

Explanation

The New Deal was a series of programs and policies implemented by President Franklin D. Roosevelt in response to the Great Depression. The economic theory that influenced the New Deal was Keynesian economics, which advocates for government intervention in the economy to manage aggregate demand and stimulate economic growth. Among the economists listed, John Maynard Keynes was the one who developed this theory. Adam Smith is known for his work "The Wealth of Nations" and is considered the father of modern economics, but his ideas are more aligned with classical economics. Ronald Reagan was a U.S. president and not an economist. Frederick Hayek was an economist who advocated for free-market capitalism, which is different from the Keynesian approach.

🧑‍🏫 More Questions

Max wants to upgrade his company's existing email software. Why does he need to consider how the upgrade will affect productivity? A. If the upgrade will increase productivity, it could ultimately lower costs for the company. B. Regardless of the affect on productivity, available upgrades should always be implemented. C. If the upgrade will negatively affect productivity, it will not negatively affect the company's budget. D. Upgrades to existing software are always free, meaning any lost revenue due to lower productivity is not a factor.

Which position is always staffed in ICS applications?

Select all the correct answers. Why did the United States want to overthrow Fidel Castro? Cuba was a communist country. Cuba attempted to take over Angola. Cuba threatened war with the United States. Cuba wanted to reinstall Batista as dictator. Cuba was allied with the Soviet Union.

The main difficulty with the Holtzman Inkblot Test is

Part A A solution is saturated in N_(2) gas and KCl at room temperature. What happens if the solution is warmed to 75°C ? Gasoous N_(2) bubbles out of solution. Solid KCl precipitates out of solution. Nothing happens (both N_(2) and KCl remain in solution). Solid KCl precipitates out of solution and gaseous N_(2) bubbles out of solution.