The government of a country has introduced a few economic policies for the current financial year. Which of these policies is Jo
hn Maynard Keynes most likely to disagree with? A. Food exporters can export as much wheat as they want, while in the past they were limited to 50 tons.
B.Textile importers can import up to $1 million worth of textiles.
C.Citizens working in foreign countries must send back a quarter of their income.
D. Entrepreneurs are no longer restricted from importing raw materials.
E. Automobile manufacturers can produce only 1,500 units per year.
Based on the given options above, the correct answer would be option B. Since the government of a country has introduced a few economic policies for the current financial year, the policy that <span>John Maynard Keynes would most likely to disagree with is this: </span>Textile importers can import up to $1 million worth of textiles. John Maynard Keynes <span>was an English economist whose ideas fundamentally changed the theory and practice of modern macroeconomics and the economic policies of governments. Hope this answers your question.</span>
The correct answers are A) Food exporters can export as much wheat as they want, while in the past they were limited to 50 tons and C) Citizens working in foreign countries must send back a quarter of their income.
The government of a country has introduced a few economic policies for the current financial year. The policies John Maynard Keynes most likely to disagree with would be "Food exporters can export as much wheat as they want, while in the past they were limited to 50 tons and citizens working in foreign countries must send back a quarter of their income."
John Maynard Keynes (1883-1946) was the famous economist that developed the theories later known as "Keynesianism." He encouraged government intervention to end with the economic problems of the Great Depression. He thought that during a recession, the private sector stopped investing and saving. He considered the government should intervene at that moment to reactivate the economy.
His administration vigorously enforced the legislation: under the Sedition Act, the most controversial of the four, several Democratic-Republican newspaper publishers were arrested, and ten were convicted for seditious libel before the acts expired in 1801.
The Chola Empire was founded by Vijayalaya. He took over the Tanjore kingdom in the 8th century and led to the rise of the mighty Cholas by defeating the Pallavas.
The people wanted peace (out of the war in Vietnam fueled by the policy of containment) so the ones who were running for president needed to address this.