As Contrasted to the Keynesian View, Mainstream Economists Believe That

question 19

Multiple Choice

As contrasted to the Keynesian view, mainstream economists believe that ________ than Keynesian economists believe.

• A) the effects from fiscal stimulus are weaker
• B) the multiplier effect is larger
• C) potential GDP is less important
• D) any crowding-out effect is smaller
• E) the real GDP growth rate is larger

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Definitions:

Administrator

A person responsible for running a business, organization, or a particular part of a system or service.

Supervisors

Individuals responsible for overseeing and guiding the work and performance of others, often in a professional or work setting.

Supervision

A process where a more experienced or knowledgeable individual guides or mentors another, often in a professional or educational setting.

Therapy

A treatment aimed at relieving or healing disorders, typically involving psychological techniques and discussions between the therapist and the client.