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john maynard keynes was best known for promoting the idea that governme…

Question

john maynard keynes was best known for promoting the idea that governments should: a. allow businesses to operate as freely as possible. b. outlaw investing in the stock market. c. enforce policies that cause hyperinflation. d. spend more during difficult economic times.

Explanation:

Brief Explanations

John Maynard Keynes was an economist known for his theory that during economic downturns, governments should use fiscal policy (spending) to stimulate demand. Option A is laissez - faire, not Keynesian. Option B is not a Keynesian idea. Option C: Keynesian policies aim for stable growth, not hyperinflation. Option D matches his idea of deficit spending in recessions.

Answer:

D. spend more during difficult economic times.