Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

question 4 of 10 john maynard keynes was best known for promoting the i…

Question

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.

Explanation:

Brief Explanations

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.

Answer:

A. spend more during difficult economic times.