What Did Keynes Believe Was the Best Method for Ending

question 46

Multiple Choice

What did Keynes believe was the best method for ending the Great Depression?  

• A) increase the money supply in order that individuals would have more to spend 
• B) cut government spending and increase taxes in order to reduce or even eliminate the government's deficit 
• C) increase government spending and cut taxes in order that consumers could spend more 
• D) cut government spending and taxes in order that government would NOT be such a large part of the economy

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Definitions:

Sole Proprietorships

Sole proprietorships are businesses owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.

Sole Proprietor

The single person at the head of a sole proprietorship.

Terminated

Brought to an end; refers to processes, contracts, employment, or periods that have been concluded or stopped.

Business Ownership

The legal possession of a business entity, which includes the right to control its operations and benefit from its earnings.