Keynesian economics emphasizes ________ as a means of curtailing economic downturns.

Question

Quizplus · Accepted Answer

Keynesian economics emphasizes increased government spending as a means of stimulating demand and curtailing economic downturns. This is based on the idea that during economic recessions, consumers and firms become more cautious and spend less, leading to a decline in economic activity. By increasing government spending, Keynesians believe that they can boost demand and keep the economy moving.

Keynesian Economics Emphasizes ________ as a Means of Curtailing Economic