According to the Keynesian Model,the Optimal Fiscal Policy Is to

question 2

Multiple Choice

According to the Keynesian model,the optimal fiscal policy is to

• A)increase cyclical but not structural deficits during a recession.
• B)reduce cyclical and structural deficits during a recession.
• C)increase structural deficits during an recession.
• D)maintain a balanced budget in case of national emergency.

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Definitions:

Economic Investment

The allocation of resources, usually monetary, into assets or projects expected to generate income or profit in the future.

Slave Population

The group of people who were forcibly brought to and held in servitude in various parts of the world, particularly notable in the context of American history prior to the 1865 abolition.

Legal Rights

Privileges or entitlements conferred upon individuals by law.

Slave Revolts

Uprisings led by enslaved people against their captors and oppressive systems, seeking freedom and the end of slavery.