12. Keynesian economists argue that economic conditions in recent years would have been much worse if it
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12. Keynesian economists argue that economic conditions in recent years would have been much worse if it had not been for the increases in government spending and the large budget deficits.
They also argue that the recovery would have been more robust if the spending increases and budget deficits had been larger.
Indicate why you either agree or disagree with this perspective.
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Related Book For 
Macroeconomics Private And Public Choice
ISBN: 9781111970628
14th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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