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Joan Robinson,author of the Second Crisis of Economic Theory,is Quoted

Question 96

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Joan Robinson,author of The Second Crisis of Economic Theory,is quoted as saying,"Keynes did not want anyone to dig holes and fill them." She is pointing out that


A) The content of fiscal policy is as important as its aggregate impact on the economy.
B) The government should not be interfering in the economy because the jobs created are usually unproductive.
C) As far as stabilization objectives are concerned,the level of spending is the only thing that counts.
D) Keynesian economic policies do not work.

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