Economist John Maynard Keynes wrote that the economy naturally gravitates toward smooth growth and high levels of employment.

Question

Economist John Maynard Keynes wrote that the economy naturally gravitates toward smooth growth and high levels of employment.​

Quizplus · Accepted Answer

Keynes believed that the economy could experience periods of instability and fluctuation, which could result in high levels of unemployment and slow growth. He argued that government intervention could help stabilize and regulate the economy, promoting growth and employment.

Economist John Maynard Keynes Wrote That the Economy Naturally Gravitates