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FSOT: 500 Test Prep Study Questions

Category - Economics

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The Keynesian theory of economics, practiced in the United States promotes the:
  1. importance of both public and private roles in the economy
  2. value of laissez-faire policies in building a strong economy
  3. ability of natural market forces to self regulate the economy
  4. idea that man has very little control in preventing recession or depression
Explanation
Answer: A - Importance of both public and private roles in the economy.
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