Please explain what is the limitation of Keynesian Theory and how this limitation connects to the fiscal problem in US?

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section1.5: The Business Cycle
Problem 3CC
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Please explain what is the limitation of Keynesian Theory and how this limitation connects to the fiscal problem in US?
Transcribed Image Text:Please explain what is the limitation of Keynesian Theory and how this limitation connects to the fiscal problem in US?
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