Widespread Acceptance of the Keynesian Theory of Fiscal Policy

Widespread acceptance of the Keynesian theory of fiscal policy

A) caused most economists to reject the public choice view of budget deficits.
B) relaxed the political pressure to balance the budget and hence paved the way for the continual budget deficits of recent decades.
C) was based on the view that continual budget deficits would help stabilize the economy.
D) increased the pressure for a constitutional amendment mandating that the federal government balance its budget.