The idea that government spending can be used to influence demand in an economy was first put forward by:
A) Adam Smith.
B) John Howard.
C) Peter Costello.
D) John Maynard Keynes.

Question

Quizplus · Accepted Answer

John Maynard Keynes was the economist who put forward the idea that government spending can be used to influence demand in an economy. His theories, known as Keynesian economics, were influential in shaping economic policy during and after World War II.

The Idea That Government Spending Can Be Used to Influence