In modern politics, the word Keynesian often is synonymous with \"big government

Question

In modern politics, the word Keynesian often is synonymous with "big government" spending. Does this characterization accurately reflect the role of government in spurring economic activity? Choose the statement that is NOT correct.

a.Keynes was only concerned with government spending.

b.Keynes saw a role for an active government; however, it did not only entail government spending.

c.Keynes believed that an economy can recover only with increased government intervention.

d.Keynes claimed that a government active in dealing with economic fluctuations by policy interventions can promote consumption and investment.

Explanation / Answer

Satement a) is NOT correct

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.