The keynesian school of thought argues that during a recession… a) Governments should reduce spending and increase taxes b) Governments should increase spending and reduce taxes c) Government should increase spending and increase taxes d) Government should reduce spending and reduce taxes
The keynesian school of thought argues that during a recession… a) Governments should reduce spending and increase taxes b) Governments should increase spending and reduce taxes c) Government should increase spending and increase taxes d) Government should reduce spending and reduce taxes
Chapter19: The Keynesian Model In Action
Section: Chapter Questions
Problem 4SQ
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Question
The keynesian school of thought argues that during a recession…
a) Governments should reduce spending and increase taxes
b) Governments should increase spending and reduce taxes
c) Government should increase spending and increase taxes
d) Government should reduce spending and reduce taxes.
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