Which Is True of John Maynard Keynes

Multiple Choice

Which is true of John Maynard Keynes?

A) He believed that serious economic contractions were natural phases in an otherwise healthy system.
B) He provided a model that closely resembled that of Adam Smith.
C) He advocated a decrease in the money supply to stabilize the economy.
D) He argued that increased government demand should offset reduced private sector demand to prevent depression.
E) He advocated tax increases to balance the federal government's budget during the Great Depression.