In John Maynard Keynes's demand-side economic theory,an economic recession can be shortened through

Question

Quizplus · Accepted Answer

According to Keynesian economics, during a recession, there is a lack of aggregate demand in the economy, which can lead to a further contraction in economic activity. To address this, government spending programs can be implemented to stimulate demand and encourage economic growth. This is known as demand-side economics. The other options (B, C, D, and E) either do not directly address the issue of a lack of aggregate demand or may even exacerbate the problem.

In John Maynard Keynes's Demand-Side Economic Theory,an Economic Recession Can