Question:
Keynesian Economics does NOT argue that the government has
Last updated: 12/9/2023
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Keynesian Economics does NOT argue that the government has to balance its budget to minimize the crowding out effects an attempt by the economy as a whole to increase aggregate savings not only will not succeed but may lower aggregate output income and employment fiscal and monetary policies are necessary to stabilize an economy O the State government which many see as a slow boring entity is really one of our most exciting risk takers