Economy, asked by kamal7874, 11 months ago

A.P lerner functional finance

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Answered by vaibhav7537
2

Answer:

Functional finance. Functional finance is an economic theory proposed by Abba P. Lerner, based on effective demand principles and chartalism. It states that government should finance itself to meet explicit goals, such as taming the business cycle, achieving full employment, ensuring growth, and low inflation.

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Answered by SNEHASHREYALOVERS
1

Answer:Functional finance. Functional finance is an economic theory proposed by Abba P. Lerner, based on effective demand principles and chartalism. It states that government should finance itself to meet explicit goals, such as taming the business cycle, achieving full employment, ensuring growth, and low inflation.

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