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Who was the British economist who believed that govement that deficit spending in a recession could help the economy recover?
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∙ 13y ago
Keynesian theory
Wiki User
∙ 13y ago
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Which british economist who believed that government deficit spending in a recession could help the economy recover?
John Maynard Keynes (5-Jun-1883 to 21-Apr-1946).
When there is a recession the biggest decline is in?
consumer spending
Who was the economist who believed that massive government spending programs could revive a failing economy?
There are many economists who have argued this, but the most major one is arguably John Maynard Keynes.
Who was an economist who thought the country would recover faster with deficit spending?
John Maynard Keynes.
What is cause of the global recession?
a recession is caused by consmers spending their money and banks giving out loans to easily and then all of a sudden you dont have enough money to spend
Which british economist who believed that government deficit spending in a recession could help the economy recover?
John Maynard Keynes (5-Jun-1883 to 21-Apr-1946).
Do Keynesian economist believe that the economy is self regulating?
No, they regulate the economy by doing 2 things: 1)increasing government spending and decrease taxes to fight recession 2) decrease government spending and increase taxes to fight inflation.
When there is a recession the biggest decline is in?
consumer spending
Who was the economist who believed that massive government spending programs could revive a failing economy?
There are many economists who have argued this, but the most major one is arguably John Maynard Keynes.
Who was the economist that proposed deficit spending?
John Maynard Keynes.
The recession of 1937 was caused in part by?
Reduced Consumer Spending
What caused the Roosevelt recession?
There are several things that are believed to have caused the Roosevelt recession. Some of them include pacing stringent monetary and fiscal policies by his administration which caused the stall in the economic recovery.
What disaster was reversed by government spending on public works?
Roosevelt Recession
What figure was a famous economist that influenced Roosevelt's ideas on public spending?
John Maynard Keynes.
Who was an economist who thought the country would recover faster with deficit spending?
John Maynard Keynes.
What is cause of the global recession?
a recession is caused by consmers spending their money and banks giving out loans to easily and then all of a sudden you dont have enough money to spend
Explain why tax revenue changes when the economy goes into a recession?
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
