The economic theory arguing that government spending should increase during business slumps and be curbed during booms is called

Question

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The economic theory described is known as Keynesian economics, which argues that government spending should increase during economic downturns to stimulate demand and employment, and curbed during economic booms to prevent inflation. Laissez-faire economics, supply-side economics, libertarian economics, and free trade economics do not advocate for government intervention in this way.

The Economic Theory Arguing That Government Spending Should Increase During