Question 3 of 10
John Maynard Keynes argued that governments should:
O A. take control over factories and other means of production.
O B. spend more money to help reduce unemployment.
O C. reduce taxes to encourage businesses to create jobs.
O D. remove themselves from economic decision making.

Option B is correct because Keynes argued that the government should increase its expenditure because this increase in expenditure will generate employment in the economy. As a result, the income of the people will rise which will result in an increase in the aggregate demand. Thus, a rise in aggregate demand will induce the producer to supply more. Therefore, the real GDP of the country will also increase.

Question 3 of 10 John Maynard Keynes argued that governments should: O A. take control over factories and other means of production. O B. spend more money to help reduce unemployment. O C. reduce taxes to encourage businesses to create jobs. O D. remove themselves from economic decision making.

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Question 3 of 10
John Maynard Keynes argued that governments should:
O A. take control over factories and other means of production.
O B. spend more money to help reduce unemployment.
O C. reduce taxes to encourage businesses to create jobs.
O D. remove themselves from economic decision making.