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Explain why Keynes felt deficit spending was an appropriate action for government if the goal is to get out of the recession, even though it
Explain why Keynes felt deficit spending was an appropriate action for government if the goal is to get out of the recession, even though it may hurt the standard of living of the average worker.
Instructions: Please demonstrate how to start (with less than full employment), to label your diagrams carefully, and tie your story (or analysis) to your diagram so each step in the story is related to different labels in the diagram.
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