The stimulus package that Congress enacted shortly after Barack Obama became president is most consistent with which economic theory? A. Keynesian economics B. monetarism C. supply-side economics D. laissez-faire economics

A. Keynesian economics

Explanation:

Keynesian economics involves the government creating avenues in order to increase demand thereby resulting in an economic boost or growth.

This economic principle was a major characteristic of the stimulus package that Congress enacted shortly after Barack Obama became president.

He ensured the stimulus packages created a ripple effect in also boosting the economy at that point in time.

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