Molly is a Keynesian economist,which means that she subscribes to the ideas of John Maynard Keynes.She recently began working as an economic advisor to the president.Just when she started her new job,the country spiraled into economic recession.What would Molly probably recommend her boss do to fight the recession?

Question

Quizplus · Accepted Answer

As a Keynesian economist, Molly would likely recommend investing in public infrastructure to create jobs. This aligns with Keynes' idea of stimulating demand in the economy through government spending during times of recession. Options A, C, and D would likely lead to greater economic hardship for those affected by those policies and therefore contradict Keynesian principles. Option E is not relevant to addressing economic recessions.

Molly Is a Keynesian Economist,which Means That She Subscribes to the Ideas