John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand to pull the economy out of the recession..
John Maynard Keynes is an economist who was popularly known for creating the Keynesian theory of economics
The Keynesian theory of economics is one who who advocate for saving less and spending more, thereby, raising their marginal propensity to consume and economic growth.
Now, supposing that a country spiraled into economic recession, John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand and pull the economy out of the recession..
Learn more about this here
<em>brainly.com/question/6815540</em>
2 days or 1 week but if the crime is serious it will be I day.
Price elasticity is measuring demand wen the change in quantity demanded relates to the products change in price. Automobiles are considered price elastic because when the price of automobiles changes, the quantity can change a lot. If prices go down, the amount of automobiles purchased rises and vis versa if the price of automobiles goes up.
Benefit principle - concept of taxation in public finance. It is said that whoever benefits more from public or government expenditure should pay more taxes to support the expenditure.
Ability-to-pay principle - progressive taxation wherein people earning more are subject to bigger taxes because they have the ability to pay more. Taxes should be levied according to the individual's ability to pay.