Asked by Isaiah Drayton on May 19, 2024

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John Maynard Keynes would argue that massive government spending ___________ will pull us out of a depression.

John Maynard Keynes

An economist from Britain whose concepts revolutionized the field of macroeconomics and also altered the economic policy-making of states.

Government Spending

refers to the total expenditure by a government on goods, services, and public projects, including salaries, infrastructure, and welfare programs.

Depression

A major and lasting slump in economic performance, highlighted by a notable reduction in GDP, increased unemployment rates, and persistent deflation.

  • Understand the Keynesian perspective on government spending and economic recovery.
  • Identify the historical and theoretical context of Keynesian economics.
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Ashley SpeckMay 19, 2024
Final Answer :
of any kind