How is termed the economic theories or Maynard Keynes especially those which advocate government monetary and fiscal and stimulate business activity ?
Correct answer: C. Keynesian
- A. Market Economy
- B. Harvard Group
- C. Keynesian
- D. London Group
Explanation
Keynesian economics derives from the work of John Maynard Keynes and supports using fiscal and monetary policies to influence demand and stabilize business activity. The other labels are not recognized names for this doctrine.
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