Keynesians and Non-Keynesians Would Largely Agree on Which One of the Following

question 133

Multiple Choice

Keynesians and non-Keynesians would largely agree on which one of the following statements?

• A) Expansionary fiscal policy will tend to substantially increase current real output.
• B) Proper timing of discretionary fiscal policy is difficult to achieve.
• C) The use of discretionary fiscal policy is an important stabilization tool.
• D) Market forces will automatically direct the economy toward full employment.

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Definitions:

Disappointment

The feeling of dissatisfaction that arises when one's expectations or hopes are not met.

Childhood Abuse

Experiencing physical, emotional, sexual, or neglectful harm during childhood, which can have long-lasting effects on mental and physical health.

Empathic Response

A reaction that demonstrates an understanding and sharing of another's emotional experience.

Additive Empathic Responses

Empathetic reactions that not only understand and share the feelings of others but also add further insight or support.