Keynesian economics:

2 answers:

5 0

John Maynard Keynes, a famous British capitalist economist, stated that people earn money from their work, and Businesses pay people to work; Keynes developed Keynesian economics to understand "<em>the Great depression</em>" of the 1930s, and he promoted increased government spending and lower taxes to perk up demand to lift the economy.

Thereby the correct answer is (C): <em>encourages the increased role of government to achieve full employment and economic growth</em>.

arsen [322]4 years ago

3 0

The correct answer is: C) encourages the increased role of government to achieve full employment and economic growth. For a Keynesian, consumer demand is the most important force in an economy. Correspondingly, keynesian economics backs <em>expansionary fiscal policy</em>, which consist of government spending on infrastructure, education and unemployment benefits.

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<h3>What is defamation?</h3>

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