The Recommendation That the Government Should Avoid Deficit Spending Because

question 34

Multiple Choice

The recommendation that the government should avoid deficit spending because of the crowding-out effect on investment spending is consistent with _____ macroeconomics.

• A) classical
• B) Keynesian
• C) monetarist
• D) Great Moderation consensus

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Definitions:

Anatomical Structures

The various organs and systems in the body, defined by their physical properties and locations.

Pubertal Process

The biological and physical changes that occur during puberty, marking the transition from childhood to adolescence.

Sexes

Categories, typically male or female, within which organisms are classified on the basis of their reproductive roles and functions.

Years

Units of time equivalent to 365 or 366 days, used in measuring duration and age, among other things.