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:

Nervous

Feeling anxious, worried, or apprehensive, often without a clear cause.

Terror

An intense, overwhelming fear, often experienced suddenly and with a high degree of psychological stress or discomfort.

Anxiety Sensitivity

A tendency to focus on one’s bodily sensations, assess them illogically, and interpret them as harmful.

Interpretation

The process of explaining or understanding the meaning of something, such as a text, action, or event, often based on personal perspectives or evidence.