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Need some help with these questions, thanks! John Maynard Keynes proposed that the multiplier effect can correct an economic depression. Based on this theory, an
Need some help with these questions, thanks!
John Maynard Keynes proposed that the multiplier effect can correct an economic depression. Based on this theory, an increase in equilibrium output would be created by an initial 0 decrease in government spending. 0 increase in investment. 0 increase in government spending. 0 increase in consumption Question 10 10 pts Keynes' criticism of the classical theory was that the Great Depression would not correct itself. The multiplier effect would restore an economy to full employment if 0 government taxes were increased. 0 government would follow a "least government is the best government\" policy. O government spending were decreased. 0 government spending were increasedStep by Step Solution
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