Which of the Following Is Not an Example of the Use

Multiple Choice

Which of the following is not 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 2001, George W. Bush led the effort for a tax cut to provide stimulus to a sluggish economy.
C) In the late 1990s the Chinese government increased spending to prevent severe economic activity.
D) In 2001- 2003, the Federal Reserve lowered the interest rate several times to help spur investments and get the economy out of its sluggish growth.