Multiple Choice
Which of the following is an example of the use of activist Keynesian fiscal policy in recent times?
A) In 1994, the Japanese government formulated a plan to increase spending and cut taxes in order to help their ailing economy.
B) In the late 1990s the Chinese government increased spending to prevent severe economic activity.
C) In 2001, George W. Bush led the effort for a tax cut to provide stimulus to a sluggish economy.
D) All of the above are examples of activist Keynesian fiscal policy.
Correct Answer:

Verified
Correct Answer:
Verified
Q85: In a graph with output on the
Q86: Assume that the consumption function is C
Q87: Suppose investment falls by $200 and equilibrium
Q88: Uncertainty about the future is likely to
Q89: The balanced budget multiplier equals:<br>A) 1.<br>B) 1/
Q91: If the consumption function is C =
Q92: If an economy's marginal propensity to consume
Q93: In a closed economy with no government,
Q94: If the marginal propensity to save is
Q95: Assume that consumption is represented by the