HyperSlayer HyperSlayer
  • 21-04-2020
  • Social Studies
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In what ways are John Maynard Keynes’ ideas the predominant economic model?

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Hailey11henriquez
Hailey11henriquez Hailey11henriquez
  • 21-04-2020
Keynesians believe consumer demand is the primary driving force in an economy. As a result, the theory supports expansionary fiscal policy. Its main tools are government spending on infrastructure, unemployment benefits, and education. A drawback is that overdoing Keynesian policies increases inflation.
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