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Author Question: According to Keynesian economic theory, a budget deficit, or a larger budget deficit, _______ the ... (Read 126 times)

ETearle

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on: Jul 12, 2018
According to Keynesian economic theory, a budget deficit, or a larger budget deficit, _______ the economy while a budget surplus, or a smaller budget deficit, _______ the economy.
 
  a. stimulates; restrains
 b. restrains; stimulates
 c. has no effect on; stimulates
 d. stimulates; has no effect on

Question 2

Much of the growth in expenditures in recent decades is accounted for by a few policy areas. Which of the following is NOT one of these policy areas?
 
  a. national defense
 b. social and income security
 c. medical care
 d. education


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Loise Hard

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Reply #1 on: Jul 12, 2018
Answer to Question 1

a

Answer to Question 2

d


ETearle

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Reply #2 on: Jul 12, 2018
TY


Loise Hard

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Reply #3 on: Jul 12, 2018
Happy to Help


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