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bonufazy [111]
4 years ago
9

Explain why john maynard keynes argued for the concept of deficit spending

Social Studies
1 answer:
marin [14]4 years ago
4 0
<span>John Maynard Keynes argued for the concept of deficit spending because he believed that the economic output is strongly manipulated by the economy's total spending cost or it is known as the aggregate demand. Keynes also gave some theories to different economic aspects that also tackles short-runs.</span>
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3 years ago
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Kobotan [32]
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Hope this helps!

</span>
8 0
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Read 2 more answers
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