Sending households a check for 600 for each adult and 300, Ask an Expert

Economics

When output and employment slowed in early 2008, the Bush Administration and the Democratic Congress passed a legislation sending households a check for $600 for each adult (and $300 per child). These checks were financed by borrowing. Would a Keynesian favor this action? Why or why not?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M949269

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