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Question
Which of the following is true with respect to Keynesian economic policy?a. Keynesian economic policy relies on government taxes and adjustments to the money supply to control inflation and unemployment.
b. Keynesian economic policy relies on taxation and expenditures by government to control inflation and unemployment.
c. Keynesian economic policy uses the money supply to control inflation and unemployment.
d. Keynesian economic policy can only be used by the federal government.
e. Keynesian economic policy can only be used by state-level governments.
Answer
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