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Keynesianism

Noun CEFR C1
ˈkeɪnziənɪz.m̩

Definitions

A prescriptive or normative economic stance according to which the state should actively stimulate economic growth and improve stability in the private sector through interest rates, taxation and public projects.

Equivalents

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CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
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