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History, 23.07.2021 02:30 vardo13

Keynesian ideas were dominant in the U. S. from the mid-1930s through the 1970s, yet during that time the national debt increased steadily rather than going up and down. Why do you C
think the application of Keynesianism resulted in increasing deficits rather than a movement
back and forth between deficits and surpluses as Keynes recommended?

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