Suppose that increases in government expenditures and large budget deficits are projected for the next decade. If strong growth is observed during this decade, this would be most consistent with

Question

Suppose that increases in government expenditures and large budget deficits are projected for the next decade.  If strong growth is observed during this decade, this would be most consistent with

Quizplus · Accepted Answer

The Keynesian view suggests that increased government spending can stimulate economic growth, especially during periods of underutilized resources.

Suppose That Increases in Government Expenditures and Large Budget Deficits