Economics（经济学）－Fiscal Policy－财政政策（习题6） believe, interest, business, financing, government

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答案如下

According to "new classical" economists, what effect will financing a reduction in current taxes by government borrowing have on aggregate demand? Aggregate demand will be:
A) increased.
B) reduced.
C) unaffected.
D) increased or reduced, depending on interest rate levels.

Your answer: C was correct!
New classical economists believe that fiscal policy is ineffective in smoothing the business cycle.

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thanks

rainbow1983

c

stanley_match

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567shanshan1234

b

jinxu81

C

natelee

123

athosliu

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michigan09

c

elliderek

d