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Economist John Maynard Keynes Called on Government to

Question 182

Multiple Choice

Economist John Maynard Keynes called on government to


A) engage in national strategic planning to guide investment to high-technology sectors and away from outmoded industries.
B) increase the supply of goods and services in the economy by removing barriers to individual investment and entrepreneurship.
C) use the central bank to set and enforce long-range targets for growth in the money supply that matches the rate of growth in productivity.
D) increase government spending or cut taxes during economic downturns to stimulate productivity and increase money in circulation.
E) focus on keeping inflation in check by raising and lowering interest rates.

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