The Economist John Maynard Keynes Argued Which of the Following

Multiple Choice

The economist John Maynard Keynes argued which of the following?

A) Government intervention is needed in bad economic times to pump enough money into the economy to revive production and increase consumption.
B) A balanced budget is an absolute prerequisite for stopping inflation and creating long-term economic stability.
C) The principle of laissez-faire failed in the nineteenth century but is essential to a healthy U.S.economy in the twentieth.
D) The theory of supply and demand can be used to revive production and increase consumption throughout the nation.