Question
In the later years of the New Deal, Franklin Roosevelt adopted the economic theory of Keynesianism, which called for what?
 
a The use of substantial deficit spending to stimulate the economy and create employment
 
b Deliberately promoting inflation so as to make consumer debt easier to repay
 
c Shrinking the size of the federal government and channeling most federal spending through the states
 
d Hitching American currency to the gold standard to shore up consumer confidence
 
e Creating lower interest rates to encourage business borrowing and home ownership

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American Political History in the Twentieth Century

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