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Basic Assumption
An underlying principle or idea that is accepted as true without proof, forming the basis for further reasoning or behavior.
Level Of Investment
The amount of spending by businesses on capital goods, such as factories and machinery, which can influence economic growth.
Keynes
Refers to John Maynard Keynes, an economist famous for his ideas that in times of low demand, public sector investments are critical to economic stability and growth.
Macroeconomic Policies
Strategies and initiatives implemented by a government or monetary authority to control and improve the overall performance of the economy, including monetary, fiscal, and trade policies.
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