Which statement would be accepted by both Keynesian and Monetarist schools of thought?
- AHigh inflation and high unemployment are undesirable in a properly-functioning economy.
- BIncreased government spending on investment projects will always crowd out private investment.
- CThe best way for an economy to get out of a recession is for the government to increase its expenditure.
- DThe most effective way to reduce inflation is for the government to exercise tight control over the money supply.