Budget Projections for 2014-2020 Indicate Both Higher Levels of Government

question 92

Multiple Choice

Budget projections for 2014-2020 indicate both higher levels of government spending and large budget deficits. According to the Keynesian view, this will lead to

• A)an increase in aggregate supply during that decade.
• B)weak aggregate demand and a continuation of recessionary conditions.
• C)an increase in aggregate demand and real output.
• D)higher interest rates and taxes that will retard future growth.

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