In recent times,the Canadian government has been trying to help the economy through one of the worst economic slumps ever.The policies used are based on _____ theory.

Question

Quizplus · Accepted Answer

Keynesian theory is based on the idea of government intervention in the economy during times of recession or economic downturn. This includes increasing government spending, lowering interest rates, and cutting taxes to stimulate economic growth. These policies are what the Canadian government has been implementing in recent times to help the economy.

In Recent Times,the Canadian Government Has Been Trying to Help