From a Keynesian perspective,the way out of a recession includes an increase in government spending,a tax cut,or an increase in transfer payments.
The fiscal policies available to the federal government for increasing aggregate demand are to increase government spending,decrease taxes,or increase transfer payments.

Question

Quizplus · Accepted Answer

Both statements are consistent with Keynesian economics, which suggests that during a recession, the government should increase aggregate demand through fiscal policy measures such as increasing government spending, decreasing taxes, or increasing transfer payments. Therefore, the statement is true.

From a Keynesian Perspective,the Way Out of a Recession Includes