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grandymaker [24]
3 years ago
11

What are the criticisms of Keynesian economics?

History
1 answer:
REY [17]3 years ago
5 0
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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