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Keynesian

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Keynesian
A term used to describe the economic theories of John Maynard Keynes.

A key feature of those theories is the assumption that fiscal policies are important determinants of Short- run economic activity.
    
Keynes maintained that governments should use the power of the budget to maintain economic growth and stability and overcome the recessionary cycles.
Posted by  Terrapinn Financial Training Pte Ltd, Henley & Partners Group Holdings Ltd
 
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