- Which economists believe in using government spending and taxes to move the economy from AD₁ to AD₂ in Figure 18.3?

Name: - Which economists believe in using government spending and taxes to move the economy from AD 1 to AD 2 in Figure 18.3? A)Supply-siders. B)Monetarists. C)Keynesians.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

- Which economists believe in using government spending and taxes to move the economy from AD₁ to AD₂ in Figure 18.3? A)Supply-siders. B)Monetarists. C)Keynesians.

Quizplus · Accepted Answer

Keynesians believe in using fiscal policy, which includes government spending and taxes, to influence aggregate demand and stabilize the economy.

- Which Economists Believe in Using Government Spending and Taxes