In the debate between the monetarists and the Keynesians over how best to achieve economic stability,Keynesians have tended to emphasize the role of
A) aggregate supply shifts.
B) economic dualism.
C) random events.
D) the federal budget.
E) the money supply.

Question

Quizplus · Accepted Answer

Keynesians emphasize the role of fiscal policy, including government spending and taxation, as encapsulated in the federal budget, to manage economic stability. They argue that adjustments in the federal budget can influence aggregate demand, thereby stabilizing the economy.

In the Debate Between the Monetarists and the Keynesians Over