Answered

D
Question 23
According to John Maynard Keynes, when government invests one
billion dollars into the economy what should occur? (Standard 4.3)
2 pts
O The one billion dollars will have an impact greater than one billion dollars due
to the multiplier effect.
O Consumer spending should decrease by one billion dollars.
O I have no idea what the answer is.
O The government should adjust the tax levels in order to gain addition funds to
pay for the investment.
O The government's action should slow down economic activity.

D Question 23 According to John Maynard Keynes, when government invests one billion dollars into the economy what should occur? (Standard 4.3) 2 pts O The one b class=

Answer :

Parrain

John Maynard Keynes believed that The one billion dollars will have an impact greater than one billion dollars due to the multiplier effect.

What did John Maynard Keynes believe?

Keynes was a major advocate for the government spending money in the economy to induce economic growth.

He believed that there was a multiplier effect that would lead to any amount the government invested in the economy, having a greater impact than this investment.

Find out more on multiplier effect at https://brainly.com/question/22437121

#SPJ1

Other Questions