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Keynesian theory has been criticized for its reliance on government intervention, which can lead to inefficiencies and misallocation of resources. Additionally, it may underemphasize the role of long-term supply-side factors in economic growth, focusing instead on short-term demand management. Critics also argue that Keynesian policies can contribute to inflation if stimulus measures are not carefully managed. Finally, the theory may oversimplify complex economic dynamics and the behavior of consumers and businesses.

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