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Use the Figure Below to Answer the Following Question(s)

Question 10

Multiple Choice

Use the figure below to answer the following question(s) . Figure 12-3
Use the figure below to answer the following question(s) . Figure 12-3 Refer to Figure 12-3. If an economy is currently operating at Y<sub>1</sub>, which of the following would a Keynesian economist be most likely to favor? A) a shift in the federal budget toward a surplus B) a shift in the federal budget toward a deficit C) a balanced budget D) an increase in taxes Refer to Figure 12-3. If an economy is currently operating at Y1, which of the following would a Keynesian economist be most likely to favor?


A) a shift in the federal budget toward a surplus
B) a shift in the federal budget toward a deficit
C) a balanced budget
D) an increase in taxes

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