What was suggested by Keynes to move the economy out of a depressed state?
A)The invisible hand
B)The price mechanism
C)Monetary and fiscal policy
D)Zero government intervention

Question

Quizplus · Accepted Answer

Keynes suggested the use of both monetary and fiscal policy to move the economy out of a depressed state. Monetary policy involves controlling the supply of money and interest rates, while fiscal policy involves government spending and taxation. This approach seeks to stimulate demand and increase investment in the economy. The invisible hand and price mechanism are concepts associated with free market economics, and zero government intervention would not address the root causes of a depressed economy.

What Was Suggested by Keynes to Move the Economy Out