When there is an economic downturn,this economic theory argues that the proper thing for government to do is increase demand through pumping more money into the economy by spending more than it takes in in taxes and by creating public-works programs.

Question

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Keynesian economics argues that during times of economic downturn, the government should increase demand by increasing spending and creating public-works programs to stimulate economic growth.

When There Is an Economic Downturn,this Economic Theory Argues That