According to traditional Keynesian analysis, fiscal policy operates by
A) informing consumers and business people about its plans for the economy so they will know how to adjust their behavior.
B) indirectly affecting aggregate demand through its effect on interest rates.
C) directly affecting aggregate demand.
D) directly affecting aggregate supply.
C
Economics
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Refer to Scenario 9.1. This scenario is an example of a ________ game
A) pure coordination B) chicken C) prisoner's dilemma D) battle of the sexes
Economics
In one year the United States had a current account deficit of $461 billion. The balance on the capital account was -$8 billion. What was the balance on the financial account?
A. -$461 billion B. +$469 billion C. -$469 billion D. +$453 billion
Economics