A by-product of the acceptance of the Keynesian school was the wide approval and practice of activist government fiscal policy around the world.

Question

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The Keynesian school is known for advocating for activist government fiscal policy, which involves using government spending and taxation to stimulate economic growth and stabilize the economy. As a result, the acceptance of the Keynesian school led to the wide approval and practice of this type of fiscal policy around the world.

A By-Product of the Acceptance of the Keynesian School Was