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Rom4ik [11]
3 years ago
12

According to Keynesian economics, which sector of the economy could offset a decline in business spending?

History
1 answer:
MrRissso [65]3 years ago
7 0

Government

Government plays a critical role in providing counter-cyclical demand management. Government spending can increase demand when there is a decline in private spending. This can be achieved through stimulus spending such as on infrastructure or the military. Government spending can help pull the economy from a slowdown.






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