According to the Critics of Keynesian Economics, the Rapid Increase

question 44

Multiple Choice

According to the critics of Keynesian economics, the rapid increase in government spending  and large budget deficits in response to the recession of 2008-2009

• A) exerted little or no impact on aggregate demand and the growth of real GDP.
• B) strengthened the recovery process and provided the foundation for strong long-term growth of real GDP.
• C) stimulated a more rapid recovery, but caused the economy to fall back into a recession shortly thereafter.
• D) exerted a strong impact on aggregate demand and slowed the growth of real GDP.

---

Definitions:

Visual Attention

The cognitive process of focusing on particular visual information while ignoring other visual stimuli.

Cocktail-Party Effect

The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, much like tuning into a single conversation in a noisy environment.

Selection

The process of choosing or making a decision from a set of alternatives, often used in contexts like recruitment, purchasing, or research methodology.

Attention

The act of concentrating on a particular object, task, or activity, while ignoring other stimuli.