13-06-2024
Social Studies

Answered

Which economist most likely would have agreed with the US government's intervention during an economic crisis in 2008?

A. Friedrich von Hayek
B. Adam Smith
C. John Maynard Keynes
D. Milton Friedman

Answer :

GinnyAnswer GinnyAnswer

13-06-2024

Final answer:

John Maynard Keynes supported government intervention in economic crises like the 2008 recession, advocating for fiscal and monetary policy measures to counter slowdowns.

Explanation:

John Maynard Keynes would most likely have agreed with the US government's intervention during the 2008 economic crisis. Keynes believed in government intervention through fiscal and monetary policies to mitigate economic downturns. His theories, outlined in The General Theory of Employment, Interest, and Money, revolutionized the role of government in stabilizing economies during recessions.

Learn more about John Maynard Keynes and government intervention in economic crises here:

https://brainly.com/question/28241849

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