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According to the Critics of Keynesian Economics, the Rapid Increase

Question 44

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.

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