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In keynes's view, a short-term budget deficit due to government spending or tax cuts is

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In Keynes's view, a short-term budget deficit due to government spending or tax cuts is "sometimes necessary to help stimulate the economy".


Keynesian economics which is also known as Keynesianism depicts the theories related to economics presented by John Maynard Keynes. Keynes said capitalism is a decent financial framework. In a capitalist framework, individuals procure cash from their work. Organizations utilize and pay individuals to work. At that point individuals can spend their cash on things they want.

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