Keynesians tend to believe that

A) laissez-faire policies stabilize market economies.
B) monetary restraint aggravates inflationary pressures.
C) massive government spending and tax cuts are cures for recession.
D) expansionary monetary policy revives an economy from recession.
E) the velocity of money rises if the money supply grows during recessions.

Keynesians

Economists and followers of the economic theories proposed by John Maynard Keynes, emphasizing the importance of total spending in the economy and government interventions to stabilize economic cycles.

Laissez-Faire Policies

Economic stance that opposes the overregulation or interference of the government in free market operations.

Monetary Restraint

A policy used by central banks to slow down economic growth by raising interest rates or reducing the supply of money.