Pt. 5, using John Maynard Keynes's economic theories, analyzes the depression in terms of the interaction of consumption spending and investment spending, and shows how this analysis differs from classical theory. Pt. 6 explains how a government can use tax and spending policies to reduce the severity of business cycle fluctuations.
"Pt. 5, using John Maynard Keynes's economic theories, analyzes the depression in terms of the interaction of consumption spending and investment spending, and shows how this analysis differs from classical theory. Pt. 6 explains how a government can use tax and spending policies to reduce the severity of business cycle fluctuations."@en
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