Which of the following is an example of the use of activist Keynesian fiscal policy in recent times?
A) In 1994, the Japanese government formulated a plan to increase spending and cut taxes in order to help their ailing economy.
B) In the late 1990s the Chinese government increased spending to prevent severe economic activity.
C) In 2001, George W. Bush led the effort for a tax cut to provide stimulus to a sluggish economy.
D) All of the above are examples of activist Keynesian fiscal policy.
Correct Answer:
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