According to the Keynesian view, the rapid increase in government spending and large budget deficits in response to the recession of 2008-2009
A) slowed the recovery process and resulted in weak long-term growth of real GDP.
B) stimulated the recovery process and provided the foundation for strong long-term growth of real GDP.
C) stimulated a more rapid recovery, but caused the economy to fall back into a recession shortly thereafter.
D) slowed the recovery process, but provided the foundation for rapid long-term growth of real GDP.
Correct Answer:
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