Which policy was improved by economist keynes which meant manipulation of taxes and public spending to influence aggregate demand?
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Keynesian signified a new way of looking at output, spending and also inflation. Earlier the classical thinking of economic stated that cyclical swing in economic development was modest.
He argued the fact related to Great Depression stating that the solution of the same was to instigate the country through a series of approaches.
The two major approach would be reduced rate of interest and the fiscal policy related to Investment of government in infrastructure.
He argued the fact related to Great Depression stating that the solution of the same was to instigate the country through a series of approaches.
The two major approach would be reduced rate of interest and the fiscal policy related to Investment of government in infrastructure.
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