Which Statement Is the Key Argument of John Maynard Keynes

question 16

Multiple Choice

Which statement is the key argument of John Maynard Keynes?

• A)Government can pull an economy out of a recession by stimulating demand and creating a cycle of increased production and jobs.
• B)Government regulations during economic depressions must be lifted because they destroy the already slim profit margin.
• C)The economy of size shows that monopolies are the most efficient way to distribute goods throughout a national marketplace.
• D)Government can rectify a falling economy by regulating the money supply.

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Definitions:

Rights Revolution

A period of significant social and legal reform that expanded civil rights and liberties through legislative and judicial action, particularly in the late 20th century.

Supreme Court Decisions

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Legislation

Laws or legal statutes that are enacted by a legislative body through the legislative process.

1950s

A decade marked by post-World War II prosperity, the beginning of the Cold War, and significant social and cultural shifts in the United States and around the world.