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Keynes Believed That the Best Method for Ending the Great

question 121

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Keynes believed that the best method for ending the Great Depression was to reduce government spending and raise taxes,thereby reducing the federal budget deficit.


Definitions:

External Attributions

Ascribing the causes of behavior to situational demands and environmental constraints.

Extrinsic Factors

External elements or influences that motivate behavior, not inherent to the individual's internal desires.

Situational Factors

External conditions or circumstances that influence an individual's behavior or decision-making process.

Dispositional Factors

Internal attributes such as personality traits, beliefs, and values that influence an individual's behavior and outlook.

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