During a depression or an economic downturn. Indeed, Keynes sustained that during a depression or a recession, consumer demand shrinks to its minimum which in turn cause unemployment as factories close because nobody is buying their products and that creates more unemployment which in turn further decreases consumer demand and the system engages in a vicious cycle that further weakens the economy.
Keynes recommended that the only and best solution was to apply a fiscal policy, on in layman’s terms, government spending in massive infrastructure projects that will stimulate economic activity by boosting employment and demand for products and services, both directly and indirectly. However, Keynes also indicated that a reduction or an expansion of the interest rates was necessary as well, depending in the economic circumstances.
Answer:
true
Explanation:
it tells about like worries and stuff from that time
I think these are right
1. Budha
2. years
3. wanted
4. and
5. sign
6. traveled
7. One
8. ??
9. war, death
10. known
Jack split the choir into two groups because one group will hunt,and the other group needs to keep the fire going
What is the reading from and who is the author?
