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Business, 02.04.2020 20:18 miranda3837

John Maynard Keynes recommends active fiscal and monetary policy, so that the government can stimulate the economy when necessary. Our text observes that as a result of active fiscal policy:A. there will be stimulation of the economy in the short and long run. B. there may be stimulation of the economy in the long run, but there will be harmful effects to the economy in the short run. C. there will be harmful effects in the short and long run. D. there may be stimulation of the economy in the short run, but there will be harmful effects to the economy in the long run.

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