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What role did keynes envision for government in the economy?
Keynes envisioned the government spending more money to boost demand.
Who believed that the government should influence the economy?
john maynard keynes
Who is the father of the mixed economy?
John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.
Keynes believed that the government must get involved in the economy to bring the country out of the Great Depression?
Keynes believed that only government intervention could get a country out of a depression and the economy back on track.
According to keynes which of these factors determined the income of the people?
Consumption, Investment, and Government spending
What role did keynes envision for government in the economy?
Keynes envisioned the government spending more money to boost demand.
Who believed that the government should influence the economy?
john maynard keynes
Who is the father of the mixed economy?
John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.
Who believed that the government sould influence the economy?
john maynard keynes! goodluck on the test
Keynes believed that the government must get involved in the economy to bring the country out of the Great Depression?
Keynes believed that only government intervention could get a country out of a depression and the economy back on track.
Which of these explains the way John Maynard Keynes viewed government's role in the economy?
He advocated a strong role of government in managing the economy by adjusting spending levels and tax rates.
What is the role of the government according to John Maynard Keynes?
According to John Maynard Keynes, the government's role is to actively manage the economy, particularly during periods of economic downturns. He advocated for fiscal policies, such as increased government spending and tax cuts, to stimulate demand and boost employment. Keynes believed that in times of recession, private sector spending may not be sufficient to drive economic recovery, thus necessitating government intervention to stabilize and promote growth. Ultimately, he emphasized the importance of a proactive government in mitigating the effects of economic fluctuations.
How did John Maynard Keynes view government's role in the economy?
He advocated a strong role of govt. in managing the economy...
How did John Maynard Keynes view government's role in economy?
He advocated a strong role of govt. in managing the economy...
Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression?
The government
According to keynes which of these factors determined the income of the people?
Consumption, Investment, and Government spending
Which british economist who believed that government deficit spending in a recession could help the economy recover?
John Maynard Keynes (5-Jun-1883 to 21-Apr-1946).
