0
What else can I help you with?
How old is John Maynard Keynes?
John Maynard Keynes was born on June 5, 1883 and died on April 21, 1946. John Maynard Keynes would have been 62 years old at the time of death or 132 years old today.
Who was an economist who thought the country would recover faster with deficit spending?
John Maynard Keynes.
John Maynard Keynes suggested that budget deficits should be?
He believed deficit spending would stimulate the economy and create jobs.
Which policy would john maynard keynes consider pump priming?
Funding public-works projects to put unemployed people to work.
What did John maynard keynes support the idea of pump priming despite increased federal budget deficits?
He believed deficit spending would stimulate the economy and create jobs .
What did john maynard keynes think would resolve the great depression?
increased public expenditures through government programs (fiscal policy) and money supply (monetary policy)
O'reilly's question do you agree with Beck that Mccain would not be as good a pres as obama?
I agree that Mccain would have sucked and Obama was the best choice. That is why he won.
John Maynard Keynes theory of pump priming said that the economy could be stimulated by giving money to what group?
John Maynard Keynes' theory of pump priming suggested that the economy could be stimulated by giving money to the lower-income groups, particularly through government spending and social programs. By increasing the disposable income of these individuals, they would be more likely to spend the money on goods and services, thereby boosting demand and stimulating economic growth. This approach emphasizes the importance of consumer spending in driving economic recovery during downturns.
Why did john Maynard Keynes support the ideas of pump priming despite increased federal budget deficits?
John Maynard Keynes supported pump priming as a means to stimulate economic activity during periods of recession or depression, arguing that government spending could help boost demand and spur growth. He believed that during economic downturns, increased federal budget deficits were necessary to inject liquidity into the economy, create jobs, and maintain consumer confidence. Keynes contended that the short-term costs of deficits would be outweighed by the long-term benefits of a revitalized economy. By advocating for proactive fiscal policy, he aimed to mitigate the adverse effects of economic downturns and promote recovery.
What was keynes solution on the depression?
John Maynard Keynes proposed that during economic downturns, governments should increase public spending and investment to stimulate demand and pull the economy out of depression. He argued for counter-cyclical fiscal policies, where the government would run deficits to finance this spending, thereby creating jobs and boosting consumer confidence. Keynes believed that by increasing aggregate demand, economies could recover more quickly from recessions. His ideas laid the foundation for modern macroeconomic policy and the welfare state.
What did Native Americans and the European colonists in America disagree about?
It would be easier to answer this question in reverse, as: What did they agree on? The answer to that question would be: "This space left intentionally blank" - as they did not agree on anything from: civil, lawful, and religion (in all its wide forms).
Why did economist warn against the harshness of the Treaty of Versallies?
Economists during the period had warned that if Germany was unable to repay its debt, the world would collapse into financial ruin. Economist, Maynard Keynes believed the Treaty of Versailles was a death sentence for every German man, woman and child.
