Controversies between Keynesian, monetarist, and supply-side theories focus on the

Which combination of shifts of aggregate demand and supply would definitely cause an increase in real GDP?

According to supply-side theory, which of the following would shift the aggregate supply curve leftward?

The opportunity cost of the debt is the change in the mix of output that occurs when public sector spending crowds out private sector spending.

Favorable expectations about future sales will cause higher investment, ceteris paribus.

To eliminate an AD shortfall of $100 billion when the economy has an MPC of 0.50, the government should increase spending by

Which of the following is an argument against balancing the federal budget?

A growth recession is said to occur when the economy grows at a

A progressive income tax system is particularly effective as an automatic stabilizer because

Which of the following is a fiscal policy tool used to stimulate the economy?