Which among the following steps is most likely to be taken at the time of an economic recession?

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Which among the following steps is most likely to be taken at the time of an economic recession? ​

CollectorBabu · Accepted Answer

Correct Answer: Increase in expenditure on public projects ​. This is part of the Keynesian approach of economics which seeks to revive an economy by public expenditure. Public expenditure increases overall demand for goods and services which will further open up avenues for Employment and the spending power of the people.

Which among the following steps is most likely to be taken at the time of an economic recession?

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Which among the following steps is most likely to be taken at the time of an economic recession? ​

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Which among the following steps is most likely to be taken at the time of an economic recession?