Marlena is of the opinion that increases in government spending is a viable option to thwart the full impact of a significant contraction in RGDP. Most economists would say that Marlena's opinion is O a) Keynesian O b) Monetarist O c) Classical O d) Real

Marlena is of the opinion that increases in government spending is a viable option to thwart the full impact of a significant contraction in RGDP. Most economists would say that Marlena's opinion is O a) Keynesian O b) Monetarist O c) Classical O d) Real

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter23: Six Debates Over Macroeconomic Policy

Section23.2: Should The Government Fight Recessions With Spending Hikes Rather Than Tax Cuts?

Problem 2QQ

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Question

Marlena is of the opinion that increases in government spending is a viable option to
thwart the full impact of a significant contraction in RGDP. Most economists would
say that Marlena's opinion is
O a) Keynesian
O b) Monetarist
O c) Classical
O d) Real

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