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Keynesianism
Keynes·i·an·ism [ káynzee ən ìzzəm ]


noun 
Definition:
 
economic theory: the theory that government spending must compensate for insufficient business investment in times of recession
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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