Which of the Following Groups Would Advocate Increasing Government Spending

question 119

Multiple Choice

Which of the following groups would advocate increasing government spending specifically on infrastructure development during a recession?

• A) Supply-siders.
• B) Monetarists.
• C) New classical economists.
• D) Classical economists.

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Definitions:

Homeless Shelter

A place providing temporary accommodation and support services to people who are without a home.

Cognitive Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes, often leading to quick, yet sometimes inaccurate, judgments.

False Positives

Instances where a test incorrectly indicates the presence of a condition or attribute that is actually not present.

Biased Thinking

The inclination or predisposition towards a particular perspective, idea, or result, often leading to unfair judgment.