According to Keynesian economics, a tax cut will _____ aggregate demand and output by ______.
Incorrect1083 Keynes believed that to end the Great Depression:
Incorrect1084 During the 1940s, 1950s, and 1960s: the role of the government in the economy increased. (True Answer )Correctthe role of the government in the economy decreased. IncorrectKeynes's ideas were challenged by free-market policies. IncorrectKeynes's views were accepted only by left-wing socialist economists.
Incorrect1085 According to a Keynesian economist, a recessionary gap should be fixed with: