The Keynesian approach to fiscal policy calls for:
A)budget deficits during periods of inflationary pressure.
B)budget surpluses during periods of high unemployment.
C)a balanced budget despite the state of the economy.
D)tax cuts during recession.
E)spending increases during inflation.

Question

Quizplus · Accepted Answer

The Keynesian approach advocates for tax cuts during a recession to stimulate demand and boost economic activity.

The Keynesian Approach to Fiscal Policy Calls For