Keynesianism argues that lower taxes will provide incentives for people to work,save,and invest.

Question

Quizplus · Accepted Answer

Keynesianism argues that lower taxes may not necessarily lead to increased spending or investment and thus may not stimulate the economy. Instead, Keynesianism advocates for government intervention and fiscal policies such as increased government spending during recessions to stimulate demand and economic growth.

Keynesianism Argues That Lower Taxes Will Provide Incentives for People