Which Statement Characterizes John Maynard Keynes' Approach to Economic Management

question 45

Multiple Choice

Which statement characterizes John Maynard Keynes' approach to economic management?

• A)Keynes advocated "trickle down" economic policies.
• B)Keynes proposed dampening the swings of the business cycle.
• C)Keynes argued for stronger stimulus packages to corporations and small businesses.
• D)Keynes suggested infusing the economy with government funds to promote spending.

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Definitions:

Penny Press

Newspapers that were sold for one cent in the 19th century, making news accessible to a broader American public, and significantly influencing the development of mass media.

Photography

The art, application, and practice of creating durable images by recording light, either electronically by means of an image sensor, or chemically by means of a light-sensitive material such as photographic film.

Unprecedented

Unprecedented refers to something that has never happened or been seen before, indicating a unique or novel occurrence.

Reporters

Journalists who investigate, gather, and present information in various forms of media, aiming to keep the public informed about events and issues.