Question
Given below are two statements, one is labelled as
Assertion (A) and the other as Reason (R): Assertion (A): Keynes considered fiscal policy more significant than monetary policy. Reason (R): Monetary policy fails to treat the situation of recession whereas fiscal policy has considerable success. Select the correct answer using the codes given below : Code:Solution
Assertion (A) and Reason (R) both are correct and Reason (R) correctly explains Assertion (A). Keynes considered fiscal policy more significant than monetary policy because monetary policy fails to treat the situation of recession whereas fiscal policy gets considerable success.
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