Use the Figure Below to Answer the Following Question(s)

question 55

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 12-1

-Refer to Figure 12-1.If the output of the economy is Y₁,which of the following would a Keynesian economist be most likely to favor?

• A)a reduction in government expenditures
• B)an increase in government expenditures
• C)an increase in taxes
• D)continuation of the current tax and expenditure policies

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