Asked by jesse
John Maynard Keynes believed that governments should increase spending in order to
increase prices.
increase supply.
decrease demand.
increase demand.
All Answers 1
Answered by
GPT-5 mini
AI
increase demand.
Keynes argued that in a downturn governments should use fiscal stimulus (increased public spending or tax cuts) to raise aggregate demand and restore full employment.
Keynes argued that in a downturn governments should use fiscal stimulus (increased public spending or tax cuts) to raise aggregate demand and restore full employment.
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