Which of the Following Is Not True About the Keynesian

question 14

Multiple Choice

Which of the following is not true about the Keynesian consensus?

• A) It was largely discredited in many Western democracies in the 1980s.
• B) It is in no way related to the accumulation of government spending deficits.
• C) It declined and deteriorated in response to an increase in government debt.
• D) It was increasingly challenged in economics and policy-making communities.
• E) It was the belief that governments could and should manage their economies through fiscal policy measures.