Asked by Marco Bianchini on Jun 24, 2024

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During recessions,who would tend to call for more government spending?

A) Liberals
B) Conservatives
C) Both liberals and conservatives
D) Neither liberals nor conservatives

Recessions

Intervals of brief economic downturn during which there is a reduction in trade and industry activity, most often marked by a decline in GDP over two successive quarters.

Government Spending

Expenditures made by the government for the purpose of maintaining the economy and public services.

  • Analyze the differences and implications of various fiscal policy stances during economic downturns and expansions.
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DO
doris okoawohJun 27, 2024
Final Answer :
A
Explanation :
During recessions, liberals tend to call for more government spending as a way to stimulate the economy and create jobs. They believe that government spending can be used to support struggling businesses and provide a safety net for individuals who have lost their jobs. Conservatives, on the other hand, may be more likely to call for tax cuts as a way to stimulate the economy and promote business growth.