As contrasted to the mainstream view, Keynesian economists believe that-------------------- than mainstream economists believe.
A) fiscal stimulus is weaker
B) the real GDP growth rate is higher
C) potential GDP is smaller
D) the multiplier effect is larger
E) the burden of government debt on future generations is larger
Correct Answer:
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Q19: Needs-tested spending
A)decreases in recessions and increases in
Q20: Q21: If an economy is in an equilibrium Q22: The balanced budget multiplier is based on Q23: The balanced budget multiplier applies when a Q25: Government tax revenues-------------------- during an expansion and Q26: When taxes are cut, aggregate demand --------------------and Q27: The annual statement of the outlays, tax
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