Some economists argued that fiscal stimulus in 2017 and 2018 was still necessary to counter lingering problems in the financial sector. Opponents argued that applying so much stimulus at a time when the economy's resources were fully employed would cause what?

Question

Multiple choice question.

Inflation

Expansion

A recession

Higher taxes

Answer 1

Opponents argued that applying so much stimulus at a time when the economy's resources were fully employed would cause Inflation.