According to Keynesian economics, fiscal policy should be ...

[roselinechinyere27m]

According to Keynesian economics, fiscal policy should be coordinated to create a surplus during economic expansions.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The view that decision-maker expectations are based on actual outcomes observed during the recent past is called the:
 a. rational expectations hypothesis.
  b. adaptive expectations hypothesis.
  c. permanent income theory.
  d. recognition lag.

[heyhey123]

Answer to Question 1

True

Answer to Question 2

b

[roselinechinyere27m]

Gracias!

[FergA]

TYSM