During the economic crisis of 2008-2010,Presidents George W.Bush and Barack Obama increased government spending by $2 trillion,in order to revive the ailing economy.Their strategy followed the economic theory known as:

Question

Quizplus · Accepted Answer

The strategy followed by both Presidents Bush and Obama during the economic crisis of increasing government spending by $2 trillion aligns with the Keynesian economic theory, which advocates for government intervention in the economy through fiscal policies such as increasing government spending during economic downturns. The other answer choices do not align with this strategy or theoretical approach.

During the Economic Crisis of 2008-2010,Presidents George W