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The Epic Interactive Encyclopedia 1998
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Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso
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Keynesian_economics
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1992-09-03
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The economic theory of J M Keynes which
argues that a fall in national income, lack
of demand for goods, and rising unemployment
should be countered by increased government
expenditure to stimulate the economy. It is
opposed by monetarists (see monetarism).