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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

Verified Answer :

John Maynard Keynes developed one Theory of economics where he defends that the government should increase spending during an economic downturn in order to reinvigorate the nation's economy, even if increase nation's deficit. Based in this concept, the best option for this question will be A, Increase funds for civic projects to put people to work  this idea follow his theory.


Answer:

Increase funds for civic projects to put people to work.