What policy tools did Keynes suggest to use by the government and their function? ...
90.2K
Verified Solution
Link Copied!
Question
Accounting
What policy tools did Keynes suggest to use by the government and their function?
A. Fiscal policy when the government could spend more money out of its budget to lift the low demand during a recession.
B. All the answers are correct.
C. Monetary policy, where the central bank could print more money to lift the low demand in a recession.
D. Fiscal policy when the government could cut taxes out of its budget and allow households to use that money to consume or invest, thus to lift the low demand during a recession.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!