asked 173k views
3 votes
When times are tough economically, what can the government do to get the economy moving again?

1 Answer

2 votes

Answer:Explained below

Step-by-step explanation:Deficit refers to a situation when the spending's of government is more than its revenue.

As per the Keynesian approach government should start spending on deficit to boost the economy .Appropriate measure should be taken to boost economy like cutting Cutting taxes to get more money flowing in economy .

answered
User Sealabr
by
9.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.