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John Maynard Keynes' was an economist who contributed to fiscal policy. His ideas were instrumental in ending the Great Depression.

John Maynard Keynes' was an economist who contributed to fiscal policy. His ideas were instrumental in ending the Great Depression. Keynes' economic contributions included the spending multiplier and the use of government spending. According to Keynesian economic theory, when the government injects money into the economy, a multiplier affect occurs.

can read the following website for additional information on John Maynard Keynes and his theories.

http://www.econlib.org/library/Enc/KeynesianEconomics.html

 (Links to an external site.)


Links to an external site.

The following three articles look at how this theory works in today's world.

Economists View (2012). The multiplier is at least two. Retrieved fromhttp://economistsview.typepad.com/economistsview/2012/11/the-multiplier-is-at-least-two.html

 (Links to an external site.)


Links to an external site.

Industry Week (2013). Does US government spending have a multiplier effect? Retrieved fromhttp://www.industryweek.com/blog/does-us-government-spending-have-multiplier-effect

 (Links to an external site.)


Links to an external site.

Mitchell, M. (2013). Study shoots down Keynesian 'multiplier' claims. Retrieved fromhttp://news.heartland.org/newspaper-article/2013/02/15/study-shoots-down-keynesian-multiplier-claims

 (Links to an external site.)



Can you find any additional articles on this topic define the spending multiplier, compare and contrast the three articles, and state whether or not you agree with Keynes' theories or the articles and explain why.

include three sources use

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