OE


fallacious, specious This sentence is thick with content, and it’s important that you understand all of it. You are given two statements about economics. First, that “Keynesian economics” may or may not recommend that “the limit (on government debt) should be perpetually raised.” Then you are told definitively that Keynes says “deficit spending must be done responsibly.” If the latter is true, then it is likely that he would not have made the former recommendation. So your blank should say something like incorrect. Indigenous (native to or naturally occurring in a region), corrupt, venial (forgivable or pardonable), and axiomatic (self-evident or unquestionable) have no relationship. In addition, axiomatic is the opposite of what is needed for the blank.