According to classical economists,the government should increase government purchases when
A)the benefits of the spending exceed the costs.
B)the economy is in a recession.
C)the economy is likely to go into a recession in the next six months to a year.
D)inflation is lower than its targeted level.

Question

Quizplus · Accepted Answer

Classical economists generally advocate for minimal government intervention in the economy. They believe government spending should be increased only when the benefits of such spending clearly outweigh the costs, rather than as a tool to manage economic cycles or inflation.

According to Classical Economists,the Government Should Increase Government Purchases When