0
Does the keynesian framework argue that the government should play a key role in offsetting fluctuating spending by the business sector?
Wiki User
∙ 10y ago
yes
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What does investment affect in the keynesian model?
Government expenditure.
What are the four sectors in Keynesian macroeconomic model?
The four sectors in Keynesian macroeconomic model are business, household, foreign sector and government. The Keynesian macroeconomics focuses on a broad scale where the above mentioned sectors play an important role.
What does the Keynesian economic theory suggest?
That the government oversee and regulate the balance of the economy.
What economic school of thought would explain how massive government expenditures during World War 2 sharply moved the country out of the Great Depression?
Keynesian economics.
What are the determinants of induced consumption in Keynesian model of a closed economy with a government sector?
Income and taxes
What does investment affect in the keynesian model?
Government expenditure.
What are the four sectors in Keynesian macroeconomic model?
The four sectors in Keynesian macroeconomic model are business, household, foreign sector and government. The Keynesian macroeconomics focuses on a broad scale where the above mentioned sectors play an important role.
What does the Keynesian economic theory suggest?
That the government oversee and regulate the balance of the economy.
What economic school of thought would explain how massive government expenditures during World War 2 sharply moved the country out of the Great Depression?
Keynesian economics.
What does Keynesian revolution mean?
Keynesian is an economics term that refers to advocated government monetary and fiscal programs intended to stimulate business activity and increase employment.
What are the determinants of induced consumption in Keynesian model of a closed economy with a government sector?
Income and taxes
What economic theories supports an increase in government spending in order to benefit private industries?
Keynesian theory
Differentiate between New Classical and New Keynesian economics school of thoughts?
the classical believe the economy is best left to itself whereas the keynesian argued that government intervention could improve economic performance
What is the limitation of keynesian investment multiplier?
limitation of keynesian theory??
The theory that government spending should increase during business slumps and curbed during booms is referred to as?
Keynesian Economics
What The plans Roosevelt outlines in this speech align with what ideas?
Keynesian economics
Which of these statements is fundamental part of keynesian economics?
The government can use deficit spending to increase aggregate demand and pull the economy out of recession.
