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question 4 of 10
john maynard keynes was best known for promoting the idea that governments should:
a. spend more during difficult economic times.
b. enforce policies that cause hyperinflation.
c. allow businesses to operate as freely as possible.
d. outlaw investing in the stock market.
John Maynard Keynes was an economist. His theories emphasized that during economic downturns (difficult economic times), governments should increase spending (fiscal stimulus) to boost aggregate demand. Option B (hyperinflation - extreme and harmful inflation) is not a Keynesian goal. Option C (free - business operation) is more in line with laissez - faire economics (opposite of Keynesian in some aspects during economic crises). Option D (outlawing stock - market investment) is not a Keynesian policy.
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A. spend more during difficult economic times.