Will a Public Spending Deficit Stimulate Economic Growth as Keynes Postulated

Abstract: In the Keynesian model of economics increasing public spending to the extent of creating a deficit is a way of stimulating an economy. This tool, which has been used successfully is now claimed by some to be a false model and that will not stimulate an economy into growth. The paper assesses this perceptive including the model of rational expectation. The bibliography cites 7 sources.

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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