Since 2008,unemployment in the United States has fallen,but remains around five percent.How would a Keynesian economist attempt to decrease unemployment?

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Quizplus · Accepted Answer

A Keynesian economist would advocate for an increase in government spending to stimulate demand and create jobs, which can be done through the process of printing more money. This approach is known as deficit spending and is based on the concept of the government "priming the pump" to get the economy moving. Other options listed, such as decreasing individual tax rates or reducing government regulations on businesses, would not directly address the issue of unemployment. And increasing tax rates on corporations may have unintended consequences, such as discouraging investment or driving businesses overseas.

Since 2008,unemployment in the United States Has Fallen,but Remains Around