John Maynard Keynes is best known for advocating
A) a policy of annually balancing the budget
B) deficit spending by the federal government during recessions
C) the fixed-growth-rate monetary rule
D) adoption of the biennial budget process
E) an active monetary policy to prevent inflation
Correct Answer:
Verified
Q65: If the functional finance approach to federal
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Q72: If the government runs a cyclically balanced
Q73: Federal budget deficits grow during recessions because
A)both
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A)the fact that
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