The Keynesian view focuses heavily on aggregate demand. Keynesian’s view increased government spending as a way to directly increase aggregate demand. Keynesians argue that the correct use of an expansive or restrictive fiscal policy can control the economic conditions of a country.
Write a 2-3 page paper that addresses the following.
To achieve maximum points for content and analysis, the following elements need thoroughly addressed.
Compare and contrast the Keynesian View to current U.S. fiscal policy.
Discuss how the stimulus that was done in 2008-2010 relates to the Keynesian View.
Analyze if a stimulus approach helps the economic position of the country in the long term.
Provide at least three sources. Citations to the video, textbook, Bible, and dictionary should be provided on top of the required three sources.
The Bible does not have to be listed in the References page, but does have to be cited in-text.
Use the Paper Writing rubric provided in the syllabus to ensure you have met all of the criteria.