Question

Which action best reflects the influence of John Maynard Keynes?

Answer 1

Answer:

These are the options for the question:

A. A business lobbies a government to reduce its overall tax burden.

B. A government gives jobs to workers during an economic recession.

C. A corporation relocates its operations to a country with a larger market.

D. A group of workers launches a protest to demand better working conditions​

And this is the correct answer:

B. A government gives jobs to workers during an economic recession.

Explanation:

Keynes is one of the most important economist of all times, and his ideas have been very influential in political economy ever since.

One of his main ideas was that governments should step in during recessions in order to improve the economy.

One way that goverments can do this, according to Keynes, is by increasing public spending in things such as infraestructure and welfare benefits. The rationale here is to provide a safety net to people, and to give goverment jobs to unemployed workers as well.