Economist John Maynard Keynes once said,"In the long run,we are all dead." Keynes was likely:

Question

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Keynes believed that government intervention through fiscal policy (such as increasing government spending during a recession) was necessary to stabilize the economy in the short run, rather than waiting for the economy to correct itself in the long run. The quote "In the long run, we are all dead" was meant to emphasize the importance of addressing economic issues in the present rather than waiting for the future.

Economist John Maynard Keynes Once Said,"In the Long Run,we Are