Assignment on j.m Keynes and its contribution to economics

1.	Assignment on j.m Keynes and its contribution to economics
Answer» ong>Answer: British economist John Maynard Keynes is the founder of Keynesian economics. Among other beliefs, Keynes held that governments should increase spending and lower taxes when faced with a recession, in order to create jobs and boost consumer buying power.His most IMPORTANT work, The General Theory of Employment, Interest and Money (1935–36), advocated a REMEDY for economic recession based on a government-sponsored POLICY of full employment Only $2.99/month. Keynesian economics. An economic theory of total spending in the economy and its effects on output and inflation.

Answer»

ong>Answer:

British economist John Maynard Keynes is the founder of Keynesian economics. Among other beliefs, Keynes held that governments should increase spending and lower taxes when faced with a recession, in order to create jobs and boost consumer buying power.His most IMPORTANT work, The General Theory of Employment, Interest and Money (1935–36), advocated a REMEDY for economic recession based on a government-sponsored POLICY of full employment

Only $2.99/month. Keynesian economics. An economic theory of total spending in the economy and its effects on output and inflation.

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