Keynes argues that government deficit spending
A) causes economic recession
B) stimulates a sluggish economy and prevents recessions
C) can balance the budget
D) causes increased taxes
Correct Answer:
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Q9: According to economists _ percent unemployment is
Q10: Deficit spending without fueling inflation is possible
Q11: Which of the following is NOT part
Q12: The use of monetary policy and fiscal
Q13: Who most influences the money supply?
A)President
B)Congress
C)Federal Reserve
Q15: Liberals/progressive and conservatives agree on the legitimacy
Q16: Traditional Keynesian fiscal and monetary policy focuses
Q17: Fiscal policy includes:
A)open market operations
B)control of the
Q18: In macroeconomic policy,which of the following is/are
Q19: The discount rate is the rate of
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