Multiple Choice
The claim that reducing deficits in an economy with high rates of unemployment will help even in the short run by improving confidence is called:
A) quantitative easing.
B) fiscal stimulus.
C) expansionary austerity.
D) a credit crunch.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Keynesian economics was mostly concerned with the
Q18: According to the real business cycle theory,
Q19: The natural rate hypothesis suggests there are
Q20: Keynesian economics stresses the role of:<br>A) aggregate
Q21: Monetarism suggests that:<br>A) money should be backed
Q23: Which statement BEST explains why the Fed
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Q25: The argument that households and firms view
Q26: Despite of the budget deficits that resulted
Q27: Nearly all economists agree that increases in