mainstream economists believe that keynesian economist overstate the effect of t

Question

mainstream economists believe that keynesian economist overstate the effect of the multiplier effect. which of the following statements would a mainstream economist NOT consider to be accurate.

A) a discals stimulus does not provide a free lunch but does crowd out private consumption expenditure and investment

B) effects of fiscal stimulus are incapable of working fast enough to make a difference

C) a fiscal stimulus results in bigger government, lower potential GDP, and slower real GDP growth

D) a fiscal stimulus is a vital tool to fight recession and depression due to the multiplier effect

E) effects of a fiscal stimulus stimulus are small and short lived

Explanation / Answer

D) a fiscal stimulus is a vital tool to fight recession and depression due to the multiplier effect

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