Which of the following is a central tenet of Keynes’ ‘countercyclical economic policy’?
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Solution 1
The central tenet of Keynes' 'countercyclical economic policy' is the idea that governments should counteract the business cycle by using fiscal and monetary measures.
In times of economic downturns, Keynes advocated for increased government spending and lower taxes to stimulate demand and pull th Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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