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International Political Economy
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Question:
Ideas of Keynesian Economics
Author: Angelie BayabanAnswer:
11. Once full employment is reached, additional spending, will cause inflation. 12. Private Laissez Faire investment cannot produce the necessary investment to maintain full employment. 13. Monetary policy, influencing interest rates, alone, cannot regulate investments necessary to maintain full employment. 14. Direct central controls of long term investments by the state is necessary to ensure full employment.
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