Multiple Choice
According to the critics of Keynesian economics, the rapid increase in government spending and large budget deficits in response to the recession of 2008-2009
A) exerted little or no impact on aggregate demand and the growth of real GDP.
B) strengthened the recovery process and provided the foundation for strong long-term growth of real GDP.
C) stimulated a more rapid recovery, but caused the economy to fall back into a recession shortly thereafter.
D) exerted a strong impact on aggregate demand and slowed the growth of real GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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