Basic Information
How old was John Maynard Keynes?
62 years old
When did John Maynard Keynes marry Lydia Lopokova?
1925
What are we in the long run?
Dead
The COVID-19 Epidemic or the 2008 Financial Crisis
Should you microwave tinfoil?
No
Who was John Maynard Keynes' father?
Neville Maynard Keynes
When was John Maynard Keynes born, and when did he die? You must name both dates correctly to get points.
1883 and 1946
Name a book John Maynard Keynes wrote.
A Tract on Monetary Reform
Indian Currency And Finance
The General Theory of Employment, Interest And Money
The Economic Consequences of The Peace
What is the largest land animal on Earth?
The African Bush Elephant
Where was John Maynard Keynes born?
Cambridge, United Kingdom
When did John Maynard Keynes write The General Theory of Employment, Interest and Money?
1936
What aspect of the economy does Keynesian Economics revolve around?
Demand
What did the US develop to help mitigate the 2008 Financial Crisis?
The American Recovery and Reinvestment Act
Insert question here
5 years old.
Which university did John Maynard Keynes study at, and work as a lecturer at?
University of Cambridge
Indian Currency and Finance
According to Keynesian economics, what is low employment caused by?
Low demand
How can applying Keynesian theory to the economy be detrimental?
Government intervention has the potential to disrupt automatic stabilizers that would otherwise prevent a depression, causing or prolonging it. This can be caused by lag times or little knowledge about the situation.
What is 6 ÷ 2(1 + 2)?
9
(1 + 2) = 3
6 / 2 = 3
3 * 3 = 9
What did John Maynard Keynes' wife do for a living?
Ballet dancing
What job did Keynes take from 1906 to 1908?
Lecturer at the University of Cambridge
What are the 4 key components of Keynesian Economics? You must name all 4 to get the points.
Consumption, Investment, Government Spending and Exports.
In Canada's COVID-19 Economic Response Plan, how much money was spent on relief efforts against COVID-19's economic consequences?
$317.8 billion in total
$212 billion to Canadians and businesses
$85 billion in tax/duty rebates to Canadians
$5.8 billion to strengthen healthcare and vaccine development
$15 billion to assist in reopening economies.
You're on a gameshow, and are presented with 3 doors. One of these doors has $1 million behind it, while the other two have nothing behind them. The game will be played as follows:
You pick one of the three doors.
The game show host will then reveal what is behind one of the two doors you did not pick. This door will always have nothing behind it.
Next, you’re presented with the option to switch to the third untouched door, or stay with the door you first picked.
Should you switch doors, or stay with the one you picked?
You should switch. When you first pick a door, there is a 2/3 chance there is nothing behind it, and a 1/3 chance you picked the door with $1 million. If you picked the winning door, the other two doors don’t have anything behind them, and switching would make you lose. However, if you picked a losing door, by process of elimination the middle door must be the winning door. The former will happen 1/3 of the time, and the latter 2/3 of the time. Therefore, switching your choice gives you better odds of winning.