Economists warn that the nation is heading for a recession. Which of the following actions would John Maynard Keynes most likely support?

Increase funds for civic projects to put people to work

Decrease taxes across the board for individuals and businesses

Redistribute unemployment and Social Security funds to bail out failing banks

Reduce the money supply and keep interest rates high

Respuesta :

The correct answer should be Decrease taxes across the board for individuals and businesses

What this would do is enable companies to use the money that they would have to pay in taxes for something else like giving people jobs. This way there wouldn't be unemployment and difficulties, but this is in an ideal world.

Answer:

I believe A "Increase funds for civic projects to put people to work" fits the criteria best

Explanation:

John Maynard Keyes is best known for his proposal that when national economies suffer a downturn, governments should borrow and spend money to boost economic activity. Part of the proceeds of the resulting economic growth should then be used to repay the debt.

(The answer above is wrong but verified for some reason)