Keynesians argue for government intervention in the economy to promote economic stability and growth. They believe that the economy can experience periods of instability and even depression, and that government policies such as fiscal and monetary policy can help to stabilize the economy and promote full employment.

Solved

Keynesians

Question 70

Multiple Choice

Keynesians

A) believe capitalism is inherently stable.
B) believe the markets in a capitalistic economy are highly competitive.
C) argue against the use of discretionary monetary policy.
D) contend that government intervention in the economy is desirable.

Correct Answer: