Asked by
riley williams
on Oct 13, 2024
Verified
Keynes's analysis of the Great Depression led to which of the following recommendations regarding government policy?
A) An annually balanced budget.
B) A decrease in government spending.
C) An increase in government spending.
D) An increase in taxes.
E) Government should pursue a laissez-faire attitude.
Great Depression
A severe worldwide economic downturn that lasted from 1929 until the late 1930s, characterized by massive unemployment and deflation.
Government Policy
The deliberate action or inaction by a government or public authority to address public issues and promote welfare.
- Comprehend the reasons Keynes provided for the Great Depression and his suggestions for policies.
Verified Answer
DG
Learning Objectives
- Comprehend the reasons Keynes provided for the Great Depression and his suggestions for policies.
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