Answer:
Using deficit spending to stimulate economic growth.
Explanation:
John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.
After the New Deal and into the post-World War II era, the United States of America pursued Keynesian economic policies. This meant using deficit spending to stimulate economic growth.
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers.
Answer:
fjord a deep, high-walled coastal valley created by glacier movement and filled by the waters of melting glaciers
polder land below sea level from which water has been removed
deciduous trees that lose their leaves in the fall
di ke da m
loess fine-grained, fertile soil
Iberian of Spain and Portugal
navigable a safe place for ships to dock
mistral a strong, dry, cold north or northwestern wind
cyclone a severe windstorm characterized by spiraling winds
sirocco a windstorm that blows up clouds of dust or sand
glacier a slow-moving river of snow and ice that moves on the Earth's surface
drought a long period of dry weather resulting in water shortages
