The stimulus package that Congress enacted shortly after Barack Obama became president is most consistent with which economic t

Question

3 years ago

6

heory? A. Keynesian economics B. monetarism C. supply-side economics D. laissez-faire economics

1 answer:

Georgia [21] · Answer 1 · 2022-04-13T21:13:36+03:00

Answer:

A. Keynesian economics

Explanation:

Keynesian economics involves the government creating avenues in order to increase demand thereby resulting in an economic boost or growth.

This economic principle was a major characteristic of the stimulus package that Congress enacted shortly after Barack Obama became president.

He ensured the stimulus packages created a ripple effect in also boosting the economy at that point in time.

The stimulus package that Congress enacted shortly after Barack Obama became president is most consistent with which economic​ t