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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.
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.
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D. spend more during difficult economic times.