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Define Keynesian Economics.
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Asked 1/15/2014 7:26:44 AM
Updated 1/27/2014 1:47:29 AM
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Edited by jay901 [1/27/2014 1:45:20 AM], Confirmed by jay901 [1/27/2014 1:46:21 AM]
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User: Define Keynesian Economics.

Weegy: Definition of Keynesian Economics: An economic theory stating that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and [ stability. ]
Kaysha|Points 6992|

User: What is a balanced budget?

Weegy: A balanced budget (particularly that of a government) is a budget with revenues equal to expenditures, and neither a budget deficit nor a budget surplus ("the accounts balance").



User: What is the Laffer Curve?

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Asked 1/15/2014 7:26:44 AM
Updated 1/27/2014 1:47:29 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jay901 [1/27/2014 1:45:20 AM], Confirmed by jay901 [1/27/2014 1:46:21 AM]
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In economics, the Laffer curve is a representation of the relationship between possible rates of taxation and the resulting levels of government revenue.
Added 1/27/2014 1:47:29 AM
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The real interest rate is the rate of interest an investor expects to receive after allowing for inflation.

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