The policy position of Keynesian economics is:
A) there is no need for government intervention to correct economic problems.
B) government should provide incentives to households and businesses to increase production.
C) government can be used to stimulate demand and move the economy to full employment.
D) government intervention in the economy will be made ineffective by actions of households and businesses.

Question

Quizplus · Accepted Answer

Keynesian economics advocates for government intervention to manage economic cycles, particularly through fiscal and monetary measures to stimulate demand and achieve full employment.

The Policy Position of Keynesian Economics Is