Whichargumentspheredoesthefollowingargumentbelongto? “Incontrastwithmanyneoclassicaltheorists,whoseegovernmentspendingasconstrained,modernmonetarytheory(MMT)seesgovernmentspendingasrelativelylesslimited.ThisisbecauseaccordingtoMMTtheverynotionofgovernmentdebtisamisnomerduetothegovernment’scontroloverthefiatmoneysupply.Thusspendingoninfrastructureprojectsisoftenseenasadvantageous,particularlyattimesoflowinterestrates.” Checkoneoption.
Whichargumentspheredoesthefollowingargumentbelongto? “Incontrastwithmanyneoclassicaltheorists,whoseegovernmentspendingasconstrained,modernmonetarytheory(MMT)seesgovernmentspendingasrelativelylesslimited.ThisisbecauseaccordingtoMMTtheverynotionofgovernmentdebtisamisnomerduetothegovernment’scontroloverthefiatmoneysupply.Thusspendingoninfrastructureprojectsisoftenseenasadvantageous,particularlyattimesoflowinterestrates.” Checkoneoption.
1