The Golden Age of fiscal policy was during _____.
A)the 1920s
B)World War II
C)the Eisenhower years
D)the 1960s
E)the Reagan administration years

Question

Quizplus · Accepted Answer

The 1960s are often referred to as the Golden Age of fiscal policy, largely due to the influence of Keynesian economics, which advocated for government intervention in the economy. During this period, under Presidents Kennedy and Johnson, the U.S. government actively used fiscal policy to stimulate economic growth and address unemployment, marking a high point in the application of Keynesian principles.

The Golden Age of Fiscal Policy Was During _____