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grandymaker
[24]
3 years ago
11
What are the criticisms of Keynesian economics?
History
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REY
[17]
3 years ago
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Ans: Criticisms of Keynesian Economics
Borrowing causes higher interest rates and financial crowding out. Keynesian economics advocated increasing a budget deficit in a recession. However, it is argued this causes crowding out. For a government to borrow m
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