As contrasted to the Keynesian view, mainstream economists believe that --------------------than Keynesian economists believe.
A) the effects from fiscal stimulus are weaker
B) the multiplier effect is larger
C) any crowding out effect is smaller
D) potential GDP is less important
E) the real GDP growth rate is larger
Correct Answer:
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Q88: When tax revenues exceed the government's outlays,
Q89: Automatic changes in tax revenues and expenditures
Q90: An example of a discretionary fiscal stimulus
Q91: When government outlays exceed tax revenues, the
Q92: Government expenditure-------------------- change potential GDP and taxes--------------------
Q94: When tax revenues--------------------outlays is positive, then the
Q95: If the economy has been producing at
Q96: When the government's outlays exceed its tax
Q97: If the economy has a structural deficit
Q98: A decrease in taxes should be applied
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