According to the Keynesian framework, which of the following may help a country reduce inflation, but will not help that country to get out of a recession?
A. increased spending by the government on health care
B. an increase in taxes on business investments
C. an increase in military spending
D. a decrease in the tax rate on consumer income
Answer:D
According to the Keynesian framework, which of the following may help a country reduce inflation, but will not help that country to get out of a recession?
A. increased spending by the government on health care B. an increase in taxes on business investments C. an increase in military spending D. a decrease in the tax rate on consumer income
Explanation: Type: Multiple Choice