Keynes believed that more government spending was necessary to solve the unemployment problem created by the Great Depression, since it was unlikely that investment or exports would increase.
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Q169: (Table) The table shows data on consumption
Q170: Investment levels depend mainly on
A) high levels
Q171: Which of these illustrates the paradox of
Q172: If there is no government and no
Q173: When household debt levels rise
A) the ability
Q175: In the simple Keynesian model with no
Q176: Which of these would NOT shift the
Q177: Which of these is NOT true regarding
Q178: Aggregate expenditures is equal to C +
Q179: (Table) The table shows data on consumption
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