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What did Keynes propose?

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Anonymous

∙ 14y ago
Updated: 12/8/2022

He proposed a new way or branch in the economy. Basically saying it is the government's job to smooth out the bumps in business cycles. Intervention would come in the form of government spending and tax breaks in order to stimulate the economy, and government spending cuts and tax hikes in good times, in order to curb inflation.

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Wiki User

∙ 14y ago
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