Andrea thinks that individual citizens, rather than the government, should answer the basic economic questions; however, she feels that the government should prevent large changes in the economy. Her ideas are based on which of these economists?

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Question

Business

Fellow

17 January, 14:11

Andrea thinks that individual citizens, rather than the government, should answer the basic economic questions; however, she feels that the government should prevent large changes in the economy. Her ideas are based on which of these economists?

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Answers (2)

Know the Answer?

Snuggles · Answer 1

The answer is Keynes.

Explanation:

Keynesian economics refers to an economic theory of total spending in the economy and how it affects output and inflation. This theory was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression.

Keynes suggested that the government should increase expenditures and implement lower tax rates in order to stimulate demand and bring the world's economy out of the depression.

Lilah · Answer 2

Keynes

Explanation:

Andrea's ideas that individual citizens, rather than the government, should answer the basic economic questions; however, she feels that the government should prevent large changes in the economy are based on the economist, Keynes.

John Maynard Keynes a British economist was born on the 5th of June 1883.

Andrea thinks that individual citizens, rather than the government, should answer the basic economic questions; however, she feels that the government should prevent large changes in the economy. Her ideas are based on which of these economists?Keyneskeatsjames jeans

Andrea thinks that individual citizens, rather than the government, should answer the basic economic questions; however, she feels that the government should prevent large changes in the economy. Her ideas are based on which of these economists?

Keyneskeatsjames jeans