Which of the following would advocate increasing government spending on welfare programs during a recession?
A) Monetarists.
B) Keynesians.
C) Classical economists.
D) Supply-side economists.

Question

Quizplus · Accepted Answer

Keynesians believe in the use of government spending and intervention to stabilize the economy, including increasing spending on welfare programs during a recession to stimulate demand and provide relief for those in need. Monetarists, Classical economists, and Supply-side economists generally have different views on government spending during a recession.

Which of the Following Would Advocate Increasing Government Spending on Welfare