Seudónimo Seudónimo
  • 18-11-2020
  • Mathematics
contestada

Why did Keynes think deficit spending was necessary during periods of recession (such as the Great Depression)?

Respuesta :

Wassupbro978
Wassupbro978 Wassupbro978
  • 18-11-2020

Answer:

Keynes argued that inadequate overall demand could lead to prolonged periods of high unemployment. But during a recession, strong forces often dampen demand as spending goes down

Step-by-step explanation:

Answer Link

Otras preguntas

PLZZZZZZ NEED HELP!!!!!
Multiply. Write 4/1/5 time 8/9 as a mixed number in simplest form
A student wants to make a model of a eukaryotic cell using the resealable plastic bag shown to represent the cell membrane. The student plans to place objects i
On fan appreciation day
PLZZZZZZ NEED HELP!!!!!
What linear function equation has a line that goes through both (-1,4) and (3,2)
Although the Jews had no home for almost two thousand years, they kept their: A.religion B.great numbers C.riches
Factor completely: x^3 -16xI'll appreciate the Help!!!
Which is activity is a result of high muscular endurance
Graph the line x-intercept is -2 and y-intercept is -3